Global medical device sectors

Departments - Medical Infographic

With the global medical device market forecast to be worth $671.5 billion by 2027, here’s a look at 20 segments ranked by their compound annual growth rates (CAGRs).

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February 2, 2021

Connected Drug Delivery $0.2$2.543.4%
Wearables$16.7$93.227.8%
Electronic skin$5.3$19.620.5%
ECG* patch/Holter monitor$0.9$2.817.6%
3D bioprinting$1.4$4.217.0%
Wearable artificial organs$6.2$17.716.2%
Implantable neurostimulators$5.1$11.011.6%
Subcutaneous drug delivery$23.3$46.610.4%
Artificial organ/bionics$28.5$53.99.5%
Wireless brain sensors$0.4$0.79.5%
Cochlear implant$1.8$3.49.1%
Electronic drug delivery systems$8.5$15.48.9%
Small bone/joint devices$5.5$9.68.3%
3D-printed/wearables$3.2$5.58.0%
Cardiac catheters/guidewires$13.0$21.37.3%
Biosensors$21.2$36.07.9%
Cardiac monitoring, rhythm management$31.5$48.96.5%
Wearable patch market$8.0$12.36.3%
ECG* equipment/systems$5.9$8.96.1%
Durable medical equipment$52.9$79.66.0%
Artificial joints$19.2$26.64.8%

 

Sources: https://www.grandviewresearch.com; https://www.researchandmarkets.com
ICONS: ADOBESTOCK.COM