According to Gen Consulting Company, the global medical devices market is set to achieve an incremental growth of USD 106 billion, acelerating at a CAGR of almost 3.3% during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the segment, and region. The global market data on medical devices can be segmented by segment: cardiovascular devices, drug delivery devices, endoscopy, imaging devices, in vitro diagnostics, orthopedics and spine, urology and renal. The drug delivery devices segment captured the largest share of the market in 2021. Medical devices market is further segmented by region: Asia Pacific, Europe, North America, Rest of the World (RoW). North America held the largest share of the global medical devices market in 2021 and is anticipated to hold its share during the forecast period.

The global medical devices market is highly competitive. Top players covered in Global Medical Devices Market Study are 3M Company, Abbott Laboratories, Agilent Technologies Inc., Baxter International Inc., Bayer AG, Becton Dickinson and Co. (BD), Boston Scientific Corp., Cardinal Health Inc., Danaher Corp., Dragerwerk AG & Co. KGaA, Fresenius SE & Co. KGaA, General Electric Company (GE), Getinge AB, Johnson & Johnson, Koninklijke Philips N.V., Medline Industries LP, Medtronic plc, Novartis AG, Olympus Corp., Roche Holding AG, Siemens Healthineers AG, Smith & Nephew plc, Smiths Medical Inc. (ICU Medical Inc.), Stryker Corporation, Teleflex Incorporated, Thermo Fisher Scientific Inc., Zimmer Biomet Holdings Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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