Press release
Global Medical Devices Market To Be Driven By The Increasing Healthcare Expenditure In The Forecast Period Of 2023-2028
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter's Five Forces models.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/medical-devices-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2020): USD 462 Billion
• Forecast CAGR (2023-2028): 6.1%
• Forecast Market size (2026): USD 661 Billion
The growing patient populations suffering from different diseases, increasing incidences of injuries, and growing research and development activities in the healthcare industry to produce technologically advanced medical devices are the key factors driving the growth of the market. Moreover, the demand for medical devices is fuelled by the growing prevalence of cardiac disorders and the increasing geriatric population with various health problems.
Continued technological innovations are also one of the main factors driving the market development. The market for oxygen concentrators, insulin pumps, and image-guided therapy systems, among other healthcare products, has increased the preference for compact and less invasive medical technology, which is further bolstering the market growth.
Industry Definition and Major Segments
Medical devices can be used for surgical operations, home healthcare, and in hospitals. A medical device is an instrument, device, implant, in vitro reagent, or related device that may be utilised for the diagnosis, prevention, or treatment of an illness within the body. It can be as easy as a medical thermometer, a tongue depressor, or protective gloves. It can also be as complex as a machine that can aid in medical research or an implant such as a stent or a prosthesis
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/medical-devices-market
On the basis of type, the industry is divided into:
• Orthopaedic Devices
• Cardiovascular Devices
• Diagnostic Imaging
• IVD
• MIS
• Wound Care
• Diabetes Care
• Ophthalmic Devices
• Oral Care
• Nephrology
• Others
On the basis of function, the industry is divided into:
• Diagnostic and Monitoring
• Therapeutic
• Surgical
• Other Devices
On the basis of end use, the industry is divided into:
• Homecare Devices
• Hospital and Ambulatory Centres
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Key Market Players
The major players in the medical devices market report are:
• Medtronic Plc
• Johnson & Johnson Services, Inc.
• Siemens Healthineers AG
• GE Healthcare
• Philips Healthcare
• F. Hoffmann-La Roche Ltd
• Boston Scientific Corporation
• Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Quantum Computing Market: https://www.marketreport.us/unlocking-the-potential-quantum-computing-market-set-to-grow-rapidly-in-2023-2028/
Electric Scooters Market: https://techearths.com/electric-scooters-market-trends-growth-industry-report-forecast-2023-2028/
Mixed Tocopherols Market: https://www.atoallinks.com/2023/mixed-tocopherols-market-size-share-trends-report-forecast-2023-2028/
Diethylene Glycol Market: https://www.weblogd.com/global-diethylene-glycol-market-2023-2028-size-share-price-trends-growth-segments-analysis/
Pest Control Market: https://www.digiesales.com/the-future-of-pest-control-market-size-share-trends-and-forecast-2023-2028/
Smart Grid Analytics Market: https://recifest.com/business/smart-grid-analytics-market-size-share-trends-and-forecast-2023-2028/
Backhoe Loaders Market: https://www.marketsize.us/2023/04/26/backhoe-loaders-market-share-report/
Optical Fibre Market: https://newsvilles.com/optical-fibre-market-size-share-price-trends-growth-segments-industry-report-forecast-2023-2028/
Sexually Transmitted Diseases Testing Market: https://mindofall.com/sexually-transmitted-diseases-testing-market-size-share-price-trends-growth-segments-industry-report-forecast-2023-2028/
Yoghurt Market: https://mybuzzworthy.com/yoghurt-market-report/
Media Contact:
Company Name: Claight Corporation
Contact Person: Alex, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Medical Devices Market To Be Driven By The Increasing Healthcare Expenditure In The Forecast Period Of 2023-2028 here
News-ID: 3036183 • Views: …
More Releases from Expert Market Research
Global Industrial Fasteners Market: Growth Outlook for 2026-2035
Market Overview
In 2025, the global industrial fasteners market is valued at approximately USD 97.13 billion. Industrial fasteners, which include bolts, nuts, rivets, screws, washers, and other components, are essential for joining two or more materials securely, making them indispensable in construction, automotive, aerospace, and machinery industries. As industrial sectors grow and demand for robust and reliable fastening solutions increases, the global market for these essential components is set to continue…
Water Soluble Fertilizers Market Size, Trends & Forecast 2026-2035
The water soluble fertilizers market plays a vital role in the agriculture sector, catering to the growing need for efficient and sustainable farming practices. Water soluble fertilizers (WSFs) are fertilizers that are fully soluble in water and can be applied through irrigation systems, allowing for optimal nutrient absorption by plants. These fertilizers offer significant advantages, including uniform nutrient distribution, higher efficiency, and reduced environmental impact, making them increasingly popular in…
IT Spending Market Outlook 2026-2035: Growth Drivers and Future Trends
The global IT spending market continues to expand steadily as enterprises across industries accelerate digital transformation, cloud migration, and artificial intelligence adoption. In 2025, the IT spending market attained a total value of USD 4.02 Trillion, reflecting strong global demand for software, IT services, cloud infrastructure, and communications technologies. The industry is expected to grow at a compound annual growth rate (CAGR) of 3.50% during the forecast period of 2026-2035,…
United States School Bus Market Size, Share & Forecast 2026-2035
The United States school bus market is a crucial component of the country's transportation infrastructure, ensuring the safe and reliable transport of millions of students each day. With a history of being a significant mode of student transportation, school buses are now evolving with advancements in technology, safety, and environmental standards. As the demand for greener solutions and enhanced safety features grows, the U.S. school bus market is expanding to…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
