2023 Medical Equipment Market Industry Outlook, Growth And Trends | Medtronic Inc., Abbott Laboratories, Johnson & Johnson, Cardinal Health, Inc

The Medical Equipment Global Market Report 2023, provides comprehensive information on the medical equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Medical Equipment Global Market Report 2023, the global medical equipment market grew from $639.75 billion in 2022 to $695.05 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical equipment market is expected to grow to $922.39 billion in 2027 at a CAGR of 7.3%.

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The medical equipment market is segmented:
1) By Type: In-Vitro Diagnostics, Dental Equipment And Supplies, Ophthalmic Devices, Diagnostic Imaging Equipment, Cardiovascular Devices, Hospital Supplies, Surgical Equipment, Orthopedic Devices, Patient Monitoring Devices, Diabetes Care Devices, Nephrology And Urology Devices, ENT Devices, Anesthesia And Respiratory Devices, Neurology Devices, Wound Care Devices
2) By Type of Expenditure: Public, Private
3) By Product: Instruments/Equipment, Disposables
4) By End User: Hospitals And Clinics, Homecare, Diagnostics Centers, Other End Users

North America was the largest region in the medical equipment market in 2022.

Top 5 Major Key Players Are:
Medtronic Inc
Abbott Laboratories
Johnson & Johnson
Cardinal Health, Inc
Becton Dickinson

Table Of Contents
1. Executive Summary
2. Report Structure
3. Medical Equipment Market Characteristics
4. Medical Equipment Market Product Analysis
5. Medical Equipment Market Supply Chain
…….
21. Medical Equipment Market Competitive Landscape
22. Key Mergers And Acquisitions In The Medical Equipment Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology, with 6500+ reports. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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