Request Free Sample
×
Industry Developments
The Spain Medical Devices Market has recently seen significant developments, primarily driven by technological advancements and strategic collaborations. Notably, Medtronic has been expanding its footprint in Spain with new product launches focusing on diabetes management and cardiovascular devices, aiming to cater to the growing healthcare needs of the population. Bayer has also made strides in the market with its innovations in imaging and diagnostics. In recent months, Terumo Corporation announced the acquisition of a smaller medical device firm in March 2023, enhancing its product range in Spain's surgical and interventional sectors. Stryker Corporation has reported increased sales, attributed to its latest orthopedic technologies that are gaining traction among local healthcare professionals.
Meanwhile, Siemens Healthineers has strengthened its position through investments in advanced imaging solutions, responding to the demand for high-quality diagnostic tools in Spanish hospitals. The market is benefiting from consistent growth, with increased public and private investments in healthcare, especially post-COVID-19, focusing on enhanced medical technology. Furthermore, in 2021, GE Healthcare expanded its operations here with a new manufacturing facility, contributing to job creation and local economic growth, highlighting ongoing recovery and transformation in the Spanish medical devices landscape.
Spain Medical Devices Market Report Scope
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 8.02(USD Billion) |
| MARKET SIZE 2024 | 8.58(USD Billion) |
| MARKET SIZE 2035 | 18.11(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.03% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Medtronic, Bayer, Terumo Corporation, Stryker Corporation, Philips, Johnson and Johnson, Boston Scientific, Siemens Healthineers, Smith and Nephew, B. Braun Melsungen, Fresenius Medical Care, Zimmer Biomet, GE Healthcare, Abbott Laboratories, Canon Medical Systems |
| SEGMENTS COVERED | Device Type Outlook, Application Outlook, End User Outlook |
| KEY MARKET OPPORTUNITIES | Aging population healthcare needs, Advanced surgical technologies, Home healthcare devices growth, Telemedicine and remote monitoring, Regulatory support for innovation |
| KEY MARKET DYNAMICS | Aging population, Technological advancements, Regulatory changes, Increased healthcare expenditure, Rising chronic diseases |
| COUNTRIES COVERED | Spain |
Leave a Comment
FAQs
What is the expected value of the Spain Medical Devices Market in 2024?
The Spain Medical Devices Market is expected to be valued at 8.58 USD Billion in 2024.
What is the projected market size of the Spain Medical Devices Market by 2035?
The market is projected to reach 18.11 USD Billion by the year 2035.
What is the expected CAGR for the Spain Medical Devices Market from 2025 to 2035?
The expected CAGR for the Spain Medical Devices Market during the period from 2025 to 2035 is 7.03%.
Which device segment is expected to have the largest market value by 2035?
The Diagnostic Devices segment is anticipated to have the largest market value at 4.8 USD Billion by 2035.
What is the market value of the Drug Delivery System segment in 2024?
The Drug Delivery System segment is valued at 1.7 USD Billion in the year 2024.
Who are the key players in the Spain Medical Devices Market?
Major players in the market include Medtronic, Bayer, Terumo Corporation, Stryker Corporation, and Philips among others.
What is the expected market value for Invasive Devices by 2035?
By 2035, the Invasive Devices segment is expected to be valued at 4.27 USD Billion.
How much is the Respiratory Therapeutic Devices segment expected to grow by 2035?
The Respiratory Therapeutic Devices segment is projected to grow to 2.56 USD Billion by 2035.
What is the estimated market value for Electronic Medical Devices by 2024?
The Electronic Medical Devices segment is estimated to be valued at 1.43 USD Billion in 2024.
What challenges or opportunities exist in the Spain Medical Devices Market?
The market is witnessing emerging trends and challenges associated with technological advancements and regulatory changes in the landscape.
Download Free Sample
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
Noah Malgeri
Co-Founder
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
Joseph Aguayo
Sales Operations & Pricing Manager
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
Peter Groot koerkamp
Account and Business Manager
“Thank you, this will be very helpful for OQS.”
La Terria Dodd
Program Support Specialist
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
Younghwan Choi
Senior Retail Manager
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
Mark Irwin
Management Consultant
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”
Akif Moroglu
Strategy & Business Development Director
Case Study
Aerospace & Defense