Press release
Global Medical Equipment Market: Predicted Growth, Key Drivers, and Emerging Trends
Medical Equipment Market Share
Medical Equipment Market Targets $842.49 Billion in 2025 with CAGR of 10.2%
What Is The Projected Market Size Of The Global Medical Equipment Market And Its Growth Rate?
•The Medical equipment market size has shown rapid growth in recent years, increasing from $764.67 billion in 2024 to $842.49 billion in 2025.
•This growth, which represents a compound annual growth rate (CAGR) of 10.2%, is largely driven by increased healthcare expenditure, strong economic growth in emerging markets, growth in the number of healthcare facilities and an increased number of surgical procedures.
•Evolving demographics and health concerns suggest even greater growth - with projections showing the market surging to $1183.02 billion in 2029 at a CAGR of 8.9%.
•The key drivers anticipated for this growth include rapid growth in the elderly population, an increasing prevalence of chronic diseases and government support.
•Looking ahead, medical equipment manufacturers are expected to invest heavily in new technological solutions, manufacturing facilities expansions, partnerships and collaborations with a significant focus on cardiovascular devices manufacturing and hybrid imaging technologies.
What Is Driving The Growth In The Medical Equipment Market?
The Medical Equipment Market's robust growth can be predominantly attributed to the rising prevalence of cardiovascular diseases. As these conditions often require various medical equipment for prevention, diagnosis, and treatment, the expanding incidence contributes significantly to the market surge. Specifically, in the United States, heart disease claims lives at a startling rate, accounting for one in every five deaths. Approximately 805,000 people experience a heart attack annually in the U.S, with 605,000 being first-time heart attacks. Consequently, this escalating prevalence provides a potent growth catalyst for the medical equipment market.
[Request A Free Sample Copy](https://www.thebusinessresearchcompany.com/sample.aspx?id=3157&type=smp)
Who Are The Key Players Driving Medical Equipment Market Growth?
•Medtronic Inc
•Abbott Laboratories
•Johnson & Johnson
•Siemens AG
•Becton Dickinson and Company(BD)
•STRYKER CORPORATION
•Cardinal Health
•Danaher Corporation
•Boston Scientific Corporation
•Koninklijke Philips N.V.
•SCHILLER Healthcare India Pvt. Ltd
•GE Healthcare
•Covidien Healthcare India Private Limited
•Philips Healthcare India
•Fisher & Paykel Healthcare India Private Limited
•Smiths Medical India Pvt Ltd
•Agappe Diagnostics Ltd
•ARKRAY Healthcare Pvt. Ltd
•Accord Medical Products Private Limited
•Shinva Medical Instrument Company Limited
•Shandong WeiGao Group Medical Polymer Company Limited
•Lepu Medical Technology Company (Beijing) Co., Ltd
•Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co., Ltd
•Shanghai Runda Medical Technology Co., Ltd
•Terumo Corporation
•Olympus Medical Systems Corporation
•Canon Medical Systems Corporation
•Hitachi Group
•Nihon Koden Corporation
•Sanko Manufacturing Co., Ltd
•Fukuda Denshi
•Metran Co. Ltd
•Clarity Medical
•Welcare Industries S.P.A
•F.L. Medical S.r.l
•Empire MEDICAL UK LTD
•Europlaz Technologies Ltd
•Alfa-Med LLC
•Medplant LLC
•Medical-Lomza Sp. z o.o.
•P.H.U. Medical
•ProVeterináre
•Panop CZ
•Baxter
•SunMed
•Beckman Coulter
•Draegerwerk AG
•Getinge Group
•Masimo
•Teleflex Inc
•Nipro Medical Ltda
•LINET Brazil
•Fotoptica Ltda
•Leistung Engineering Pvt. Ltd
•Saudi Mais Co. for Medical Products (SMMP)
•Life Pulse Medical Co
•Watan
•AlKawashef
•3BY Ltd
•Qatari German Medical Devices Co
•Israeli Hospitals Ltd
•CAPS Medical
•Amana Healthcare (Pty) Ltd
•CapeRay
•TiTaMED (Pty) Ltd
•Sinapi Biomedical
•Egyptian Medical And Environment Group
•ResMed Inc.
What Are The Key Trends In The Medical Equipment Market?
•Development of new technological solutions
•Expansion of medical equipment manufacturing facilities
•Strengthening of partnerships and collaborations
•Rise in cardiovascular devices manufacturing
•Advancements in hybrid imaging technologies
What Are The Segments Of The Global Medical Equipment Market?
•By Type:
- In-Vitro Diagnostics
- Dental Equipment and Supplies
- Ophthalmic Devices
- Diagnostic Imaging Equipment
- Cardiovascular Devices
- Hospital Supplies
- Surgical Equipment
- Orthopedic Devices
- Patient Monitoring Devices
- Others
•Type Of Expenditure: Public, Private
•Product: Instruments And Equipment, Disposables And Consumables
•End User: Hospitals And Clinics, Homecare And Diagnostic Centers, Other End Users
Which Region Leads The Medical Equipment Market?
North America was the largest region in the medical equipment market in 2024, closely followed by Asia-Pacific as the second largest. Both these regions along with Western Europe, Eastern Europe, South America, Middle East, and Africa are continually contributing to the development and expansion of the global medical equipment market.
[Pre-book the Report for Swift Delivery](https://www.thebusinessresearchcompany.com/report/medical-equipment-global-market-report)
What Is Covered In The Medical Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Medical Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Medical Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Medical Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Medical Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
[Request Customization for This Report](https://www.thebusinessresearchcompany.com/customise?id=3157&type=smp)
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the financial contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Equipment Market: Predicted Growth, Key Drivers, and Emerging Trends here
News-ID: 3842327 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Medical
ECG Analysis System Market Research Report 2022 - GE Medical, Medical Econet, Gr …
A recent market research report added to repository of MR Accuracy Reports is an in-depth analysis of global ECG Analysis System. On the basis of historic growth analysis and current scenario of ECG Analysis System place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent…
ECG Analysis System Market Outlook: 2020 The Year On A Positive Note | GE Medica …
DataIntelo report titled Global ECG Analysis System Market provides detailed information and overview about the key influential factors required to make well informed business decision. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of…
Medical Tracheostomy Tube Market Overall Study Report 2020-2027 | Players Medtro …
The latest report added by Stratagem Market Insights gives deep insights into the drivers and restraints in the Worldwide Medical Tracheostomy Tube Market. The research report "Global Medical Tracheostomy Tube Market Size and Growth Forecast to 2027" provide a comprehensive take on the overall market. Analysts have carefully evaluated the milestones achieved by the global Medical Tracheostomy Tube market and the current trends that are likely to shape its future.…
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The…
Medical Casting & Splinting Market 2019: Top Key players are 3M, DJO Global, BSN …
Medical Casting & Splinting Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry.
Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13718924
Global Medical Casting & Splinting market 2019 research provides a basic overview of…
Global Oxygen Pressure Regulator Market 2017 : Precision Medical, Smiths Medical …
Oxygen Pressure Regulator
A market study based on the " Oxygen Pressure Regulator Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Oxygen Pressure Regulator Market 2017’. The research report analyses the historical as well as present performance of the worldwide Oxygen Pressure Regulator industry, and makes predictions on the future status of Oxygen Pressure Regulator market on the basis of this analysis.
Get Free…
