Dublin, Aug. 13, 2025 (GLOBE NEWSWIRE) -- The "Medical Devices Outlook, 2025" report has been added to ResearchAndMarkets.com's offering.
The global medical devices industry was valued at $545.38 billion in 2024 and is expected to reach $801.34 billion in 2029
Companies continue to focus on and invest in new product development to ensure long-term and sustained growth. The cardiovascular devices market attracted significant investments, especially in transcatheter technologies for mitral and tricuspid valves, pulsed field ablation, and bioresorbable scaffolds.
Key market segments, including cardiovascular devices, diabetes care devices, robotics, and clinical-grade wearables, posted double-digit growth on a significantly higher revenue base, while neurology and respiratory devices posted high single-digit growth. Major geographic regions, including North America, Europe, and Asia-Pacific, registered high single-digit growth.
The study period for this analysis is 2022-2029 and the base year is 2024. Some important practice areas include patient monitoring, diabetes care, orthopedic devices, minimally invasive surgeries, ophthalmology, cardiovascular devices, wound care, respiratory, audiology, clinical-grade wearables, neurology, and robotics and navigation systems.
Top predictions for 2025 include the expanding use of clinical-grade wearables across various care settings, surgical robotic companies broadening their applications to enhance growth in precision medicine, improve accessibility, and boost patient outcomes, and AI-enabled predictive maintenance becoming a standard in the medical device servicing market.
Key Topics Covered:
Analysis Highlights
Medical Devices Industry Predictions: 2024 Forecast Versus ActualTop Predictions for 2025
Strategic Imperatives
Why is it Increasingly Difficult to Grow?The Strategic ImperativeThe Impact of the Top 3 Strategic Imperatives on the Medical Devices IndustryGrowth Opportunities Fuel the Growth Pipeline Engine
Growth Environment
Market SegmentationGlobal Medical Devices Industry DashboardForecast Methodology and AssumptionsForecast ConsiderationsGrowth Environment
Macroeconomic Factors
2025 Global Economic Outlook - Navigating Growth and Thriving Through Trumponomics 2.0
The Global Economy Beat Expectations in 2024, Growing at 3.2%Trump 2.0 will Drive a Growth Slowdown and Inflationary PressuresGlobal Growth will Slow to 2.8%, Avoiding a Recession in 2025; A Weaker China will Weigh on Asia-Pacific GrowthGlobal Growth will Stabilize at 3.1%, Driven by Extended Tariff-Delay Offers and Government Policy Diplomacy, Leading to a Growth Uptick in Key MarketsGlobal Macroeconomic Shifts and Resilience Strategies: Technology Integration, R&D, and Agile Production Ecosystems will Ensure Short-term Resilience
Impact of US Tariffs
US Tariffs - 2025 AnalysisUS Tariffs - Impact on Medical Device VendorsUS Tariffs - Implications for Key Medical Device Stakeholders
Medical Devices Overall and Segment Revenue Trends, 2024
Revenue Forecast by SegmentRevenue Forecast by Segment - Medical Devices
Medical Devices Industry Predictions, 2025
Prediction 1: Pricing Pressure on Medical Devices due to VBP to Ease in China in 2025 and BeyondPrediction 2: Expanding Use of Clinical-grade Wearables in Different Care Settings will Drive Market Potential, Surpassing $25 Billion in 2025Prediction 3: Surgical Robotic Companies Broadening Applications and Catalyzing Growth in Precision Medicine, Accessibility, and Patient OutcomesPrediction 4: AI-enabled Predictive Maintenance will Become Standard in the Medical Devices Servicing MarketPrediction 5: Remote Patient Monitoring Ecosystems will Outperform Standalone Devices
Top 5 Medical Device Segments: 2025 Outlook
Cardiovascular Devices Market Outlook, 2025
Cardiovascular Devices - 2025 Market SnapshotCardiovascular Devices - Companies to Watch
Orthopedic Devices Market Outlook, 2025
Orthopedic Devices - 2025 Market SnapshotOrthopedic Devices - Companies to Watch
Clinical-grade Wearables Market Outlook, 2025
Clinical-grade Wearables - 2025 Market SnapshotClinical-grade Wearables - Companies to Watch
Robotics and Navigation Systems Market Outlook, 2025
Robotics and Navigation Systems - 2025 Market SnapshotRobotics and Navigation Systems - Companies to Watch
Wound Care Market Outlook, 2025
Wound Care - 2025 Market SnapshotWound Care - Companies to Watch
Medical Devices Industry Regional Predictions, 2025
Revenue Forecast by Region: Key Demand DriversMedical Devices Industry Analysis: North AmericaKey Implications: US Tariffs on Medical DevicesMedical Devices Industry Analysis: EuropeMedical Devices Industry Analysis: Asia-PacificMedical Devices Industry Analysis: Latin America and the Middle East and Africa
Growth Opportunity Universe
Growth Opportunity 1: AI-enabled Medical DevicesGrowth Opportunity 2: TelesurgeryGrowth Opportunity 3: Workflow AutomationGrowth Opportunity 4: Hospital at Home
Conclusions
Conclusions and Future Outlook
Next Steps
Benefits and Impacts of Growth Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/htlo0m
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Medical Devices Market Outlook Report 2025-2029 | Navigating Growth and Thriving Through Trumponomics 2.0
Published 2 months ago
Aug 13, 2025 at 8:05 AM
Positive
Auto