Market Research Report

Medical Equipment Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-19741
  • CAT ID : 7
  • Pages : 143
  • Date : Jun 2023
 

The global Medical Equipment market was valued at US$ 592480 million in 2022 and is projected to reach US$ 833430 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key service providers of Medical Equipment in the world are Medtronic, Johnson&Johnson, GE Healthcare, Abbott, Siemens Healthcare, Philips Health, Stryker, and Becton Dickinson, among which the top five manufacturers hold over 20% of the market share, and currently Medtronic is the largest manufacturer. The provision of global medical equipment services is mainly distributed in North America, Europe, and China, among which the top three production regions hold over 80% of the market share, with North America being the largest production region. In terms of its service types, the growth rate of cardiology is relatively fast, but the market share of in vitro diagnostics is the highest, close to 20%, followed by cardiology, diagnostic imaging, and orthopedics. In terms of its application, hospitals are the largest application field, with a market share of over 80%, followed by the consumer sector.
A medical equipment is any apparatus, appliance, software, material, or other article—whether used alone or in combination, including the software intended by its manufacturer to be used specifically for diagnostic and/or therapeutic purposes and necessary for its proper application—intended by the manufacturer to be used for human beings for the purpose of:
Diagnosis, prevention, monitoring, treatment, or alleviation of disease;
Diagnosis, monitoring, treatment, alleviation, or compensation for an injury or handicap;
Investigation, replacement, or modification of the anatomy or of a physiological process;
Control of conception; and which does not achieve its principal intended action in or on the human body by pharmacological, immunological, or metabolic means, but which may be assisted in its function by such means.
This report aims to provide a comprehensive presentation of the global market for Medical Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medical Equipment. This report contains market size and forecasts of Medical Equipment in global, including the following market information:
Global Medical Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Medical Equipment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Medical Equipment Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Medical Equipment Market Segment Percentages, by Type, 2022 (%)
In Vitro Diagnostics
Cardiology
Diagnostic Imaging
Orthopedics
Other
Global Medical Equipment Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Medical Equipment Market Segment Percentages, by Application, 2022 (%)
Hospital
Consumer
Global Medical Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Medical Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Medical Equipment revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Medical Equipment revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Medtronic
Johnson& Johnson
GE Healthcare
Abbott
Siemens Healthineers
Philips Health
Stryker
Becton Dickinson
Boston Scientific
Danaher
Zimmer Biomet
Alcon
B. Braun
Olympus
Terumo
Baxter
Smith & Nephew
Dentsply Sirona
Roche
Getinge
Edwards Lifesciences
Mindray
Shimadzu
Fujifilm
Hamilton Medical
Draeger
ResMed
Vyaire Medical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Medical Equipment, market overview.
Chapter 2: Global Medical Equipment market size in revenue.
Chapter 3: Detailed analysis of Medical Equipment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Medical Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Medical Equipment Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Medical Equipment Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Medical Equipment Overall Market Size
2.1 Global Medical Equipment Market Size: 2022 VS 2029
2.2 Global Medical Equipment Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Medical Equipment Players in Global Market
3.2 Top Global Medical Equipment Companies Ranked by Revenue
3.3 Global Medical Equipment Revenue by Companies
3.4 Top 3 and Top 5 Medical Equipment Companies in Global Market, by Revenue in 2022
3.5 Global Companies Medical Equipment Product Type
3.6 Tier 1, Tier 2 and Tier 3 Medical Equipment Players in Global Market
3.6.1 List of Global Tier 1 Medical Equipment Companies
3.6.2 List of Global Tier 2 and Tier 3 Medical Equipment Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Medical Equipment Market Size Markets, 2022 & 2029
4.1.2 In Vitro Diagnostics
4.1.3 Cardiology
4.1.4 Diagnostic Imaging
4.1.5 Orthopedics
4.1.6 Other
4.2 By Type - Global Medical Equipment Revenue & Forecasts
4.2.1 By Type - Global Medical Equipment Revenue, 2018-2023
4.2.2 By Type - Global Medical Equipment Revenue, 2024-2029
4.2.3 By Type - Global Medical Equipment Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Medical Equipment Market Size, 2022 & 2029
5.1.2 Hospital
5.1.3 Consumer
5.2 By Application - Global Medical Equipment Revenue & Forecasts
5.2.1 By Application - Global Medical Equipment Revenue, 2018-2023
5.2.2 By Application - Global Medical Equipment Revenue, 2024-2029
5.2.3 By Application - Global Medical Equipment Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Medical Equipment Market Size, 2022 & 2029
6.2 By Region - Global Medical Equipment Revenue & Forecasts
6.2.1 By Region - Global Medical Equipment Revenue, 2018-2023
6.2.2 By Region - Global Medical Equipment Revenue, 2024-2029
6.2.3 By Region - Global Medical Equipment Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Medical Equipment Revenue, 2018-2029
6.3.2 US Medical Equipment Market Size, 2018-2029
6.3.3 Canada Medical Equipment Market Size, 2018-2029
6.3.4 Mexico Medical Equipment Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Medical Equipment Revenue, 2018-2029
6.4.2 Germany Medical Equipment Market Size, 2018-2029
6.4.3 France Medical Equipment Market Size, 2018-2029
6.4.4 U.K. Medical Equipment Market Size, 2018-2029
6.4.5 Italy Medical Equipment Market Size, 2018-2029
6.4.6 Russia Medical Equipment Market Size, 2018-2029
6.4.7 Nordic Countries Medical Equipment Market Size, 2018-2029
6.4.8 Benelux Medical Equipment Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Medical Equipment Revenue, 2018-2029
6.5.2 China Medical Equipment Market Size, 2018-2029
6.5.3 Japan Medical Equipment Market Size, 2018-2029
6.5.4 South Korea Medical Equipment Market Size, 2018-2029
6.5.5 Southeast Asia Medical Equipment Market Size, 2018-2029
6.5.6 India Medical Equipment Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Medical Equipment Revenue, 2018-2029
6.6.2 Brazil Medical Equipment Market Size, 2018-2029
6.6.3 Argentina Medical Equipment Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Medical Equipment Revenue, 2018-2029
6.7.2 Turkey Medical Equipment Market Size, 2018-2029
6.7.3 Israel Medical Equipment Market Size, 2018-2029
6.7.4 Saudi Arabia Medical Equipment Market Size, 2018-2029
6.7.5 UAE Medical Equipment Market Size, 2018-2029
7 Medical Equipment Companies Profiles
7.1 Medtronic
7.1.1 Medtronic Company Summary
7.1.2 Medtronic Business Overview
7.1.3 Medtronic Medical Equipment Major Product Offerings
7.1.4 Medtronic Medical Equipment Revenue in Global Market (2018-2023)
7.1.5 Medtronic Key News & Latest Developments
7.2 Johnson& Johnson
7.2.1 Johnson& Johnson Company Summary
7.2.2 Johnson& Johnson Business Overview
7.2.3 Johnson& Johnson Medical Equipment Major Product Offerings
7.2.4 Johnson& Johnson Medical Equipment Revenue in Global Market (2018-2023)
7.2.5 Johnson& Johnson Key News & Latest Developments
7.3 GE Healthcare
7.3.1 GE Healthcare Company Summary
7.3.2 GE Healthcare Business Overview
7.3.3 GE Healthcare Medical Equipment Major Product Offerings
7.3.4 GE Healthcare Medical Equipment Revenue in Global Market (2018-2023)
7.3.5 GE Healthcare Key News & Latest Developments
7.4 Abbott
7.4.1 Abbott Company Summary
7.4.2 Abbott Business Overview
7.4.3 Abbott Medical Equipment Major Product Offerings
7.4.4 Abbott Medical Equipment Revenue in Global Market (2018-2023)
7.4.5 Abbott Key News & Latest Developments
7.5 Siemens Healthineers
7.5.1 Siemens Healthineers Company Summary
7.5.2 Siemens Healthineers Business Overview
7.5.3 Siemens Healthineers Medical Equipment Major Product Offerings
7.5.4 Siemens Healthineers Medical Equipment Revenue in Global Market (2018-2023)
7.5.5 Siemens Healthineers Key News & Latest Developments
7.6 Philips Health
7.6.1 Philips Health Company Summary
7.6.2 Philips Health Business Overview
7.6.3 Philips Health Medical Equipment Major Product Offerings
7.6.4 Philips Health Medical Equipment Revenue in Global Market (2018-2023)
7.6.5 Philips Health Key News & Latest Developments
7.7 Stryker
7.7.1 Stryker Company Summary
7.7.2 Stryker Business Overview
7.7.3 Stryker Medical Equipment Major Product Offerings
7.7.4 Stryker Medical Equipment Revenue in Global Market (2018-2023)
7.7.5 Stryker Key News & Latest Developments
7.8 Becton Dickinson
7.8.1 Becton Dickinson Company Summary
7.8.2 Becton Dickinson Business Overview
7.8.3 Becton Dickinson Medical Equipment Major Product Offerings
7.8.4 Becton Dickinson Medical Equipment Revenue in Global Market (2018-2023)
7.8.5 Becton Dickinson Key News & Latest Developments
7.9 Boston Scientific
7.9.1 Boston Scientific Company Summary
7.9.2 Boston Scientific Business Overview
7.9.3 Boston Scientific Medical Equipment Major Product Offerings
7.9.4 Boston Scientific Medical Equipment Revenue in Global Market (2018-2023)
7.9.5 Boston Scientific Key News & Latest Developments
7.10 Danaher
7.10.1 Danaher Company Summary
7.10.2 Danaher Business Overview
7.10.3 Danaher Medical Equipment Major Product Offerings
7.10.4 Danaher Medical Equipment Revenue in Global Market (2018-2023)
7.10.5 Danaher Key News & Latest Developments
7.11 Zimmer Biomet
7.11.1 Zimmer Biomet Company Summary
7.11.2 Zimmer Biomet Business Overview
7.11.3 Zimmer Biomet Medical Equipment Major Product Offerings
7.11.4 Zimmer Biomet Medical Equipment Revenue in Global Market (2018-2023)
7.11.5 Zimmer Biomet Key News & Latest Developments
7.12 Alcon
7.12.1 Alcon Company Summary
7.12.2 Alcon Business Overview
7.12.3 Alcon Medical Equipment Major Product Offerings
7.12.4 Alcon Medical Equipment Revenue in Global Market (2018-2023)
7.12.5 Alcon Key News & Latest Developments
7.13 B. Braun
7.13.1 B. Braun Company Summary
7.13.2 B. Braun Business Overview
7.13.3 B. Braun Medical Equipment Major Product Offerings
7.13.4 B. Braun Medical Equipment Revenue in Global Market (2018-2023)
7.13.5 B. Braun Key News & Latest Developments
7.14 Olympus
7.14.1 Olympus Company Summary
7.14.2 Olympus Business Overview
7.14.3 Olympus Medical Equipment Major Product Offerings
7.14.4 Olympus Medical Equipment Revenue in Global Market (2018-2023)
7.14.5 Olympus Key News & Latest Developments
7.15 Terumo
7.15.1 Terumo Company Summary
7.15.2 Terumo Business Overview
7.15.3 Terumo Medical Equipment Major Product Offerings
7.15.4 Terumo Medical Equipment Revenue in Global Market (2018-2023)
7.15.5 Terumo Key News & Latest Developments
7.16 Baxter
7.16.1 Baxter Company Summary
7.16.2 Baxter Business Overview
7.16.3 Baxter Medical Equipment Major Product Offerings
7.16.4 Baxter Medical Equipment Revenue in Global Market (2018-2023)
7.16.5 Baxter Key News & Latest Developments
7.17 Smith & Nephew
7.17.1 Smith & Nephew Company Summary
7.17.2 Smith & Nephew Business Overview
7.17.3 Smith & Nephew Medical Equipment Major Product Offerings
7.17.4 Smith & Nephew Medical Equipment Revenue in Global Market (2018-2023)
7.17.5 Smith & Nephew Key News & Latest Developments
7.18 Dentsply Sirona
7.18.1 Dentsply Sirona Company Summary
7.18.2 Dentsply Sirona Business Overview
7.18.3 Dentsply Sirona Medical Equipment Major Product Offerings
7.18.4 Dentsply Sirona Medical Equipment Revenue in Global Market (2018-2023)
7.18.5 Dentsply Sirona Key News & Latest Developments
7.19 Roche
7.19.1 Roche Company Summary
7.19.2 Roche Business Overview
7.19.3 Roche Medical Equipment Major Product Offerings
7.19.4 Roche Medical Equipment Revenue in Global Market (2018-2023)
7.19.5 Roche Key News & Latest Developments
7.20 Getinge
7.20.1 Getinge Company Summary
7.20.2 Getinge Business Overview
7.20.3 Getinge Medical Equipment Major Product Offerings
7.20.4 Getinge Medical Equipment Revenue in Global Market (2018-2023)
7.20.5 Getinge Key News & Latest Developments
7.21 Edwards Lifesciences
7.21.1 Edwards Lifesciences Company Summary
7.21.2 Edwards Lifesciences Business Overview
7.21.3 Edwards Lifesciences Medical Equipment Major Product Offerings
7.21.4 Edwards Lifesciences Medical Equipment Revenue in Global Market (2018-2023)
7.21.5 Edwards Lifesciences Key News & Latest Developments
7.22 Mindray
7.22.1 Mindray Company Summary
7.22.2 Mindray Business Overview
7.22.3 Mindray Medical Equipment Major Product Offerings
7.22.4 Mindray Medical Equipment Revenue in Global Market (2018-2023)
7.22.5 Mindray Key News & Latest Developments
7.23 Shimadzu
7.23.1 Shimadzu Company Summary
7.23.2 Shimadzu Business Overview
7.23.3 Shimadzu Medical Equipment Major Product Offerings
7.23.4 Shimadzu Medical Equipment Revenue in Global Market (2018-2023)
7.23.5 Shimadzu Key News & Latest Developments
7.24 Fujifilm
7.24.1 Fujifilm Company Summary
7.24.2 Fujifilm Business Overview
7.24.3 Fujifilm Medical Equipment Major Product Offerings
7.24.4 Fujifilm Medical Equipment Revenue in Global Market (2018-2023)
7.24.5 Fujifilm Key News & Latest Developments
7.25 Hamilton Medical
7.25.1 Hamilton Medical Company Summary
7.25.2 Hamilton Medical Business Overview
7.25.3 Hamilton Medical Medical Equipment Major Product Offerings
7.25.4 Hamilton Medical Medical Equipment Revenue in Global Market (2018-2023)
7.25.5 Hamilton Medical Key News & Latest Developments
7.26 Draeger
7.26.1 Draeger Company Summary
7.26.2 Draeger Business Overview
7.26.3 Draeger Medical Equipment Major Product Offerings
7.26.4 Draeger Medical Equipment Revenue in Global Market (2018-2023)
7.26.5 Draeger Key News & Latest Developments
7.27 ResMed
7.27.1 ResMed Company Summary
7.27.2 ResMed Business Overview
7.27.3 ResMed Medical Equipment Major Product Offerings
7.27.4 ResMed Medical Equipment Revenue in Global Market (2018-2023)
7.27.5 ResMed Key News & Latest Developments
7.28 Vyaire Medical
7.28.1 Vyaire Medical Company Summary
7.28.2 Vyaire Medical Business Overview
7.28.3 Vyaire Medical Medical Equipment Major Product Offerings
7.28.4 Vyaire Medical Medical Equipment Revenue in Global Market (2018-2023)
7.28.5 Vyaire Medical Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

 
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