Medical Equipment Industry Facts, Market Size & Share, Revenue Trends and Growth

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Medical Equipment Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Medical Equipment Market Segments
The Business Research Company segments the
medical equipment market report as
In-Vitro Diagnostics, Dental Equipment And
Supplies, Ophthalmic Devices, Diagnostic Imaging
Equipment, Cardiovascular Devices, Hospital
Supplies, Surgical Equipment,
By Type
By Type Of Expenditure
Public, Private
Instruments And Equipment, Disposables And
Consumables
By Product
By End User
Hospitals And Clinics, Homecare And Diagnostic
Centers, Other End Users
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Market Statistics
The global Medical Equipment market size grew
from 709.55 billion in 2023 to 775.42 billion
in 2024 at a compound annual growth rate (CAGR)
of 9.3. The Medical Equipment market size is
expected to grow to 1,077.6 billion in 2028 at a
compound annual growth rate (CAGR) of 8.6.
1,077.6 B
775.42 B
709.55 B
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Key Market Drivers And Trends
Drivers
The rising prevalence of cardiovascular diseases
is expected to drive medical equipment market
growth.
Trends
Major companies operating in the medical
equipment market are innovating new products,
such as the EasyFuse Dynamic Compression System,
to increase their profitability in the market.
Region
North America was the largest region in the
Medical Equipment market in 2023. The regions
covered in the Medical Equipment market analysis
report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East
and Africa.
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Top Eleven Players In The Market

• Major players in the market are
• 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

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   against key competitors.
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