GITNUX MARKETDATA REPORT 2024

Medical Equipment Industry Statistics

The medical equipment industry is expected to experience steady growth driven by advancements in technology, increasing healthcare needs, and a growing aging population.

Statistic 1

"The in-vitro diagnostics (IVD) market is expected to reach $112.8 billion by 2027, growing at a CAGR of 4.9%."

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Statistic 2

"In 2020, the dental equipment market was valued at $6.16 billion."

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Statistic 3

"The global medical robotics market size was valued at USD 5.34 billion in 2019 and is expected to expand at a CAGR of 21.3% from 2020 to 2027."

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Statistic 4

"The Asia-Pacific medical devices sector is projected to achieve the highest growth rate by 2025."

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Statistic 5

"The United States holds over 40% of the global medical device market."

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Statistic 6

"The orthopedic devices market is expected to surpass USD 60 billion by 2025."

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Statistic 7

"The global telemedicine market size is expected to grow to $298.9 billion by 2028."

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Statistic 8

"In 2020, the global cardiovascular devices market was valued at $47.2 billion."

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Statistic 9

"The anesthesia and respiratory devices market size was $20.7 billion in 2020."

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Statistic 10

"The home healthcare market is projected to grow to $390.7 billion by 2027."

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Statistic 11

"The medical equipment maintenance market is projected to reach $74.2 billion by 2027, growing at a CAGR of 9.1%."

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Statistic 12

"The global medical device market was valued at approximately $456.9 billion in 2020."

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Statistic 13

"The top five markets for medical devices are the United States, Germany, China, Japan, and France."

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Statistic 14

"The market for sterilization equipment and disinfectants is expected to reach $15.64 billion by 2026."

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Statistic 15

"In 2020, the U.S. medical device market generated $156 billion in revenue."

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Statistic 16

"The wearable medical device market size was valued at $16.6 billion in 2020."

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Statistic 17

"The endoscopy equipment market is projected to reach $35.23 billion by 2026."

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Statistic 18

"The medical device industry is expected to grow at a CAGR of 5.4% from 2021 to 2028."

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Statistic 19

"Diagnostic imaging systems account for approximately 20% of the global medical device market."

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Statistic 20

"The electronic health records (EHR) market is projected to reach $31.5 billion by 2026."

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