Medical Devices Market

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Medical Devices Market Size and Demand to 2032
Global Medical Devices Market size was USD 645
billion in 2022 and is predicted to reach USD 951
billion in 2031, exhibiting at a CAGR of
6.5.during the forecast period.
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Report Description
The global medical devices market consists of
sales of medical devices or equipment and related
services by entities (organizations, sole
traders, and partnerships) that manufacture
medical equipment or devices that are used in the
diagnosis, treatment, and monitoring of medical
conditions. The medical device market includes
establishments that manufacture medical equipment
or devices such as in-vitro diagnostic devices,
dental devices, diagnostic imaging equipment,
dental equipment and supplies, ophthalmic
devices, cardiovascular devices, hospital
supplies, and other medical devices.
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Major Key Players

• Some of the major players operating in this
  market are
• Medtronic Plc
• Johnson Johnson
• Abbott Laboratories
• Becton, Dickinson and Company
• Siemens Healthineers AG
• 3M Company
• Accord Medical Products Private Limited
• Agappe Diagnostics Ltd
• ARKRAY Healthcare Pvt. Ltd
• B. Braun Medical Inc.

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Market Segmentation

• By Type of Device (In-Vitro Diagnostics, Dental
  Equipment),
• By Type of Expenditure (Public, Private),
• By End-User (Hospitals and Clinics, Homecare,
  Diagnostics Centers)

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East
• Africa

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