Enjoy complimentary customisation on priority with our Enterprise License!
The medical technologies market size is projected to value USD 325.9 billion at a CAGR of 8.09% between 2023 and 2028. The market develops and provides advanced medical devices, equipment, and technologies. The growth of the market depends on several factors, including the increasing prevalence of diseases, the rising number of product launches in IVD (in-vitro diagnostics), and the growing adoption of data analytics in the healthcare sector. The medical technologies market is experiencing growth driven by innovations such as AI-powered diagnostics, wearable health devices, and telemedicine platforms. The adoption of minimally invasive surgical tools, robotic surgery systems, and advanced imaging technologies is also rising. Increased demand for remote patient monitoring, personalized medicine, and the integration of big data analytics into healthcare is shaping the industry. Growing investments in research and development, alongside an aging population and rising chronic disease rates, are further accelerating market expansion.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.