Report Details:
15 Companies Covered
87 Pages
Medical Device Accessories Market Highlights
The global medical device & accessories market was estimated at 537.9 USD Million in 2024. The Medical Device Accessories industry is projected to grow from 573.92 USD Million in 2025 to 978.67 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.55% during the forecast period 2025 - 2035.
Medical device & accessories are products, intended to support, supplement or augment the performance of one or more parent devices. These devices are used for diagnosis, monitoring, and treatment of different diseases. Now a day, most of the companies are involved in mergers, acquisitions, and collateral activities to introduce better and effective treatment procedures.
Taste the market data and market information presented through more than 89 market data tables and figures spread over 87 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “medical device & accessories market research report–Global forecast till 2030.”
Major Players in the Medical Devices and Accessories Market
Some of the key players in this market are Boston Scientific Corporation (U.S.), Medtronic (Ireland), Johnson & Johnson Services, Inc. (U.S.), Stryker Corporation (U.S.), Koninklijke philips n.v (the Netherlands), General Electric Company (U.S.), Siemens AG (U.S.), Danaher Corporation (U.S.).
The global medical devices and accessories market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East & Africa.
The Americas account for the major share of this market owing to the presence of the leading market players, increasing awareness for healthcare and high healthcare expenditure. People in this region are more health conscious that leads to an increase in the healthcare spending.
Europe accounts for the second largest market, which is followed by Asia Pacific. Europe consists of two regions namely Western Europe and Eastern Europe. Western Europe holds the major share of the market which is majorly contributed by Germany, U.K., and France. Moreover, major driving factors for the market in this region are increasing the prevalence of chronic diseases, strong government support, and well-developed technology.
Asia Pacific is the fastest growing market. Increasing need for better treatment, rapidly improving technology in the healthcare industry, rising aging population and the presence of huge opportunity pool drives the growth of this market in Asia Pacific region. According to the ESCAP Statistical Database, in 2024, approximately 12.4% of the population in Asia Pacific region was over 60 years.
On the other hand, The Middle East & Africa holds the least share in the market owing to the presence of poor and slow developing countries, especially, in the African region. The market is segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and Rest of the Middle East & Africa. In the Middle East & Africa, the healthcare spending has increased during last few years owing to increasing awareness about development in the healthcare sector.
Segmentation
The global medical device & accessories market is segmented on the basis of the types of devices. On the basis the types of devices, it is segmented into cardiovascular application, coronary pressure monitors, catheters, therapeutic medical guide, dental implant, cochlear implant, global nerve stimulator market, global diabetes monitors market, and global suture needles market. Furthermore, the cardiovascular application segment is sub-segmented into cardiac monitors, cardiac pacemaker, cardiac defibrillators, and others. The coronary pressure monitor segment is sub-segmented into sphygmomanometer, automated blood pressure monitor, BP transducers, ambulatory blood pressure monitor, and instruments & accessories. The catheter segment is sub-segmented into cardiovascular catheters, specialty catheters, intravenous catheters, urinary catheters, neurological catheters. The therapeutic medical guidewire segment is sub-segmented into solid guidewire and wrapped guidewire. The nerve stimulator is further sub-segmented into deep brain stimulator, vagus nerve stimulator, and spinal cord stimulator.
