North America medical device market is expected to grow by 3.4% annually in the forecast period and reach $246.6 billion by 2030 owing to aging population worldwide, the prevalence of infectious diseases as well as the increasing prevalence of chronic diseases, technological innovation, and penetration of healthcare insurance.
Highlighted with 34 tables and 69 figures, this 143-page report “North America Medical Device Market 2020-2030 by Category (Diagnostic, Consumables, Patient Aids, Orthopaedics, Dental, Others), Application (Imaging, IVDs, Cardiology, Orthopedics, Ophthalmics, Respiratory), End User (Hospitals, Clinics, Household), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America medical device market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year because 2020 is not appropriate for research base due to the outbreak of COVID-19.
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Five Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify North America medical device market in every aspect of the classification from perspectives of Category, Application, End User, and Country.
Based on Category, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
- Diagnostic Devices
- Electrodiagnostic Devices (further segmented into Ultrasound Systems, Magnetic Resonance Imaging (MRI), Electrocardiographs, Scintigraphic Apparatus, Other Electrodiagnostic Devices)
- Radiation Devices (further segmented into CT Scanners; Other Medical X-ray Apparatus; A, B, C Ray Apparatus)
- Imaging Parts & Accessories (further segmented into Contrast Media, X-ray Tubes, Medical X-ray Film, Other Imaging Parts & Accessories)
- Consumables
- Syringes, Needles & Catheters (further segmented into Syringes (with/without needles), Tubular Metal Needles/Needles for Sutures, Others)
- Bandages & Dressings (further segmented into Adhesive Medical Dressings and Non-adhesive Medical Dressings)
- Suturing Materials
- Other Consumables (further segmented into Surgical Gloves, Ostomy Products, Blood-Grouping Reagents, First-aid Boxes & Kits)
- Patient Aids
- Portable Aids (further segmented into Hearing Aids, Pacemakers, Other Portable Aids)
- Therapeutic Applications (further segmented into Therapeutic Respiration Devices and Mechano-Therapy Devices)
- Orthopaedics and Prosthetics
- Fixation Devices
- Artificial Joints
- Other Artificial Body Parts
- Dental Products
- Dental Instrument & Supplies (further segmented into Dental Instruments, Dental Cements, Teeth & Other Fittings)
- Dental Capital Equipment (further segmented into Dental Drills, Dental Chairs, Dental X-ray)
- Other Medical Device Categories
- Ophthalmic Instruments
- Hospital Furniture
- Wheelchairs
- Medical & Surgical Sterilisers
- Ultra-violet or Infra-red Ray Apparatus
- Other Instruments & Appliances
Based on Application, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
- Diagnostic Imaging Devices
- In Vitro Diagnostics (IVDs)
- Cardiology
- Orthopedics
- Ophthalmics
- Respiratory
- Urology & Gynecology
- General and Plastic Surgery
- Endoscopy
- Dental
- Diabetic Care
- Wound Management
- Nephrology
- General Hospital and Healthcare
- Ear, Nose and Throat
- Neurology
- Roboics Navigation
- Other Applications
Based on End User, the North America market is segmented into the following sub-markets with annual revenue ($ bn) for 2019-2030 included in each section.
- Hospitals & Surgical Centers
- Clinics
- Household
- Other End Users
Geographically, the following national/local markets are fully investigated:
- U.S.
- Canada
- Mexico
For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2019-2030. The breakdown of key national markets by Application and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
- 3M Co.
- Abbott Laboratories
- Allergan Inc.
- Baxter International Inc.
- Bayer
- Becton, Dickinson and Co.
- Boston Scientific Corp.
- Cardinal Health Inc.
- Covidien plc
- Cryolife Inc.
- Danaher
- Depuy Synthes
- Endologix, Inc.
- Essilor International SA
- Fresenius Medical Care AG & Co. KGAA
- GE Healthcare
- Getinge Ab
- Johnson & Johnson
- Koninklijke Philips NV
- Medtronic Inc.
- Novartis AG
- Olympus Corp.
- Roche Diagnostics
- Siemens Healthcare
- Smith & Nephew PLC
- Smiths Medical
- St. Jude Medical Inc.
- Stryker Corp.
- Terumo Corp.
- Thermo Fisher Scientific
- Zimmer Holdings Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Frequently Asked Questions about the North American Medical Device Market
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| Report Attribute | Details |
|---|---|
| No. of Pages | 143 |
| Published | April 2021 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 176100 Million |
| Forecasted Market Value ( USD | $ 246600 Million |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | North America |
Table of Contents
1 Introduction1.1 Industry Definition and Research Scope
1.1.1 Industry Definition
1.1.2 Research Scope
1.2 Research Methodology
1.2.1 Overview of Market Research Methodology
1.2.2 Market Assumption
1.2.3 Secondary Data
1.2.4 Primary Data
1.2.5 Data Filtration and Model Design
1.2.6 Market Size/Share Estimation
1.2.7 Research Limitations
1.3 Executive Summary
2 Market Overview and Dynamics
2.1 Market Size and Forecast
2.1.1 Impact of COVID-19 on World Economy
2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Five Forces Analysis
3 Segmentation of North America Market by Category
3.1 Market Overview by Category
3.2 Diagnostic Devices
3.2.1 Electrodiagnostic Devices
3.2.2 Radiation Devices
3.2.3 Imaging Parts & Accessories
3.3 Consumables
3.3.1 Syringes, Needles & Catheters
3.3.2 Bandages & Dressings
3.3.3 Suturing Materials
3.3.4 Other Consumables
3.4 Patient Aids
3.4.1 Portable Aids
3.4.2 Therapeutic Applications
3.5 Orthopaedics and Prosthetics
3.5.1 Fixation Devices
3.5.2 Artificial Joints
3.5.3 Other Artificial Body Parts
3.6 Dental Products
3.6.1 Dental Instrument & Supplies
3.6.2 Dental Capital Equipment
3.7 Other Medical Device Categories
4 Segmentation of North America Market by Application
4.1 Market Overview by Application
4.2 Diagnostic Imaging Devices
4.3 In Vitro Diagnostics (IVDs)
4.4 Cardiology
4.5 Orthopedics
4.6 Ophthalmics
4.7 Respiratory
4.8 Urology & Gynecology
4.9 General and Plastic Surgery
4.10 Endoscopy
4.11 Dental
4.12 Diabetic Care
4.13 Wound Management
4.14 Nephrology
4.15 General Hospital and Healthcare
4.16 Ear, Nose and Throat
4.17 Neurology
4.18 Roboics Navigation
4.19 Other Applications
5 Segmentation of North America Market by End User
5.1 Market Overview by End User
5.2 Hospitals & Surgical Centers
5.3 Clinics
5.4 Household
5.5 Other End Users
6 North America Market 2019-2030 by Country
6.1 Overview of North America Market
6.2 U.S.
6.3 Canada
6.4 Mexico
7 Competitive Landscape
7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles
3M Co.
- Abbott Laboratories
- Allergan Inc.
- Baxter International Inc.
- Bayer
- Becton, Dickinson and Co.
- Boston Scientific Corp.
- Cardinal Health Inc.
- Covidien plc
- Cryolife Inc.
- Danaher
- Depuy Synthes
- Endologix, Inc.
- Essilor International SA
- Fresenius Medical Care AG & Co. KGAA
- GE Healthcare
- Getinge Ab
- Johnson & Johnson
- Koninklijke Philips NV
- Medtronic Inc.
- Novartis AG
- Olympus Corp.
- Roche Diagnostics
- Siemens Healthcare
- Smith & Nephew PLC
- Smiths Medical
- St. Jude Medical Inc.
- Stryker Corp.
- Terumo Corp.
- Thermo Fisher Scientific
- Zimmer Holdings Inc.
List of Tables
Table 1. Snapshot of North America Medical Device Market in Balanced Perspective, 2019-2030
Table 2. Growth Rate of World GDP, 2020-2022
Table 3. Main Product Trends and Market Opportunities in North America Medical Device Market
Table 4. North America Medical Device Market by Category, 2019-2030, $ bn
Table 5. North America Medical Device Market: Diagnostic Devices by Segment, 2019-2030, $ bn
Table 6. North America Medical Device Market: Electrodiagnostic Devices by Segment, 2019-2030, $ bn
Table 7. North America Medical Device Market: Radiation Devices by Segment, 2019-2030, $ bn
Table 8. North America Medical Device Market: Imaging Parts & Accessories by Segment, 2019-2030, $ bn
Table 9. North America Medical Device Market: Consumables by Segment, 2019-2030, $ bn
Table 10. North America Medical Device Market: Syringes, Needles & Catheters by Segment, 2019-2030, $ bn
Table 11. North America Medical Device Market: Bandages & Dressings by Segment, 2019-2030, $ bn
Table 12. North America Medical Device Market: Other Consumables by Segment, 2019-2030, $ bn
Table 13. North America Medical Device Market: Patient Aids by Segment, 2019-2030, $ bn
Table 14. North America Medical Device Market: Portable Aids by Segment, 2019-2030, $ bn
Table 15. North America Medical Device Market: Therapeutic Applications by Segment, 2019-2030, $ bn
Table 16. North America Medical Device Market: Orthopaedics and Prosthetics by Segment, 2019-2030, $ bn
Table 17. North America Medical Device Market: Dental Products by Segment, 2019-2030, $ bn
Table 18. North America Medical Device Market: Dental Instrument & Supplies by Segment, 2019-2030, $ bn
Table 19. North America Medical Device Market: Dental Capital Equipment by Segment, 2019-2030, $ bn
Table 20. North America Medical Device Market: Other Medical Device Categories by Segment, 2019-2030, $ bn
Table 21. North America Medical Device Market by Application, 2019-2030, $ bn
Table 22. North America Medical Device Market by End User, 2019-2030, $ bn
Table 23. North America Medical Device Market by Country, 2019-2030, $ bn
Table 24. U.S. Medical Device Market by Application, 2019-2030, $ bn
Table 25. U.S. Medical Device Market by End User, 2019-2030, $ bn
Table 26. Canada Medical Device Market by Application, 2019-2030, $ bn
Table 27. Canada Medical Device Market by End User, 2019-2030, $ bn
Table 28. Mexico Medical Device Market by Application, 2019-2030, $ bn
Table 29. Mexico Medical Device Market by End User, 2019-2030, $ bn
Table 30. Breakdown of North America Market by Key Vendor, 2020, %
Table 31. 3M Co.: Company Snapshot
Table 32. 3M Co.: Business Segmentation
Table 33. 3M Co.: Product Portfolio
Table 34. 3M Co.: Revenue, 2017-2019, $ bnList of Figures
Figure 1. Research Method Flow Chart
Figure 2. Breakdown of Primary Research
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030
Figure 5. North America Medical Device Market, 2019-2030, $ bn
Figure 6. Impact of COVID-19 on Business
Figure 7. Primary Drivers and Impact Factors of North America Medical Device Market
Figure 8. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million
Figure 9. World Population 65 and Over, % of Total Population, 1950-2060
Figure 10. World Number of Deaths by Cause in 2017
Figure 11. World Number of Deaths from Cancers in 2017
Figure 12. Primary Restraints and Impact Factors of North America Medical Device Market
Figure 13. Investment Opportunity Analysis
Figure 14. Porter’s Five Forces Analysis of North America Medical Device Market
Figure 15. Breakdown of North America Medical Device Market by Category, 2019-2030, % of Revenue
Figure 16. North America Addressable Market Cap in 2021-2030 by Category, Value ($ bn) and Share (%)
Figure 17. North America Medical Device Market: Diagnostic Devices, 2019-2030, $ bn
Figure 18. North America Medical Device Market: Electrodiagnostic Devices, 2019-2030, $ bn
Figure 19. North America Medical Device Market: Radiation Devices, 2019-2030, $ bn
Figure 20. North America Medical Device Market: Imaging Parts & Accessories, 2019-2030, $ bn
Figure 21. North America Medical Device Market: Consumables, 2019-2030, $ bn
Figure 22. North America Medical Device Market: Syringes, Needles & Catheters, 2019-2030, $ bn
Figure 23. North America Medical Device Market: Bandages & Dressings, 2019-2030, $ bn
Figure 24. North America Medical Device Market: Suturing Materials, 2019-2030, $ bn
Figure 25. North America Medical Device Market: Other Consumables, 2019-2030, $ bn
Figure 26. North America Medical Device Market: Patient Aids, 2019-2030, $ bn
Figure 27. North America Medical Device Market: Portable Aids, 2019-2030, $ bn
Figure 28. North America Medical Device Market: Therapeutic Applications, 2019-2030, $ bn
Figure 29. North America Medical Device Market: Orthopaedics and Prosthetics, 2019-2030, $ bn
Figure 30. North America Medical Device Market: Fixation Devices, 2019-2030, $ bn
Figure 31. North America Medical Device Market: Artificial Joints, 2019-2030, $ bn
Figure 32. North America Medical Device Market: Other Artificial Body Parts, 2019-2030, $ bn
Figure 33. North America Medical Device Market: Dental Products, 2019-2030, $ bn
Figure 34. North America Medical Device Market: Dental Instrument & Supplies, 2019-2030, $ bn
Figure 35. North America Medical Device Market: Dental Capital Equipment, 2019-2030, $ bn
Figure 36. North America Medical Device Market: Other Medical Device Categories, 2019-2030, $ bn
Figure 37. Breakdown of North America Medical Device Market by Application, 2019-2030, % of Sales Revenue
Figure 38. North America Addressable Market Cap in 2021-2030 by Application, Value ($ bn) and Share (%)
Figure 39. North America Medical Device Market: Diagnostic Imaging Devices, 2019-2030, $ bn
Figure 40. North America Medical Device Market: In Vitro Diagnostics (IVDs), 2019-2030, $ bn
Figure 41. North America Medical Device Market: Cardiology, 2019-2030, $ bn
Figure 42. North America Medical Device Market: Orthopedics, 2019-2030, $ bn
Figure 43. North America Medical Device Market: Ophthalmics, 2019-2030, $ bn
Figure 44. North America Medical Device Market: Respiratory, 2019-2030, $ bn
Figure 45. North America Medical Device Market: Urology & Gynecology, 2019-2030, $ bn
Figure 46. North America Medical Device Market: General and Plastic Surgery, 2019-2030, $ bn
Figure 47. North America Medical Device Market: Endoscopy, 2019-2030, $ bn
Figure 48. North America Medical Device Market: Dental, 2019-2030, $ bn
Figure 49. North America Medical Device Market: Diabetic Care, 2019-2030, $ bn
Figure 50. North America Medical Device Market: Wound Management, 2019-2030, $ bn
Figure 51. North America Medical Device Market: Nephrology, 2019-2030, $ bn
Figure 52. North America Medical Device Market: General Hospital and Healthcare, 2019-2030, $ bn
Figure 53. North America Medical Device Market: Ear, Nose and Throat, 2019-2030, $ bn
Figure 54. North America Medical Device Market: Neurology, 2019-2030, $ bn
Figure 55. North America Medical Device Market: Roboics Navigation, 2019-2030, $ bn
Figure 56. North America Medical Device Market: Other Applications, 2019-2030, $ bn
Figure 57. Breakdown of North America Medical Device Market by End User, 2019-2030, % of Sales Revenue
Figure 58. North America Addressable Market Cap in 2021-2030 by End User, Value ($ bn) and Share (%)
Figure 59. North America Medical Device Market: Hospitals & Surgical Centers, 2019-2030, $ bn
Figure 60. North America Medical Device Market: Clinics, 2019-2030, $ bn
Figure 61. North America Medical Device Market: Household, 2019-2030, $ bn
Figure 62. North America Medical Device Market: Other End Users, 2019-2030, $ bn
Figure 63. Breakdown of North America Medical Device Market by Country, 2019 and 2030F, % of Revenue
Figure 64. Contribution to North America 2021-2030 Cumulative Revenue by Country, Value ($ bn) and Share (%)
Figure 65. U.S. Medical Device Market, 2019-2030, $ bn
Figure 66. U.S. Healthcare Consumption Payor Mix and as % of GDP
Figure 67. Canada Medical Device Market, 2019-2030, $ bn
Figure 68. Medical Device Market in Mexico, 2015-2030F, $ bn
Figure 69. Growth Stage of North America Medical Device Industry over the Forecast Period
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Co.
- Abbott Laboratories
- Allergan Inc.
- Baxter International Inc.
- Bayer
- Becton, Dickinson and Co.
- Boston Scientific Corp.
- Cardinal Health Inc.
- Covidien plc
- Cryolife Inc.
- Danaher
- Depuy Synthes
- Endologix, Inc.
- Essilor International SA
- Fresenius Medical Care AG & Co. KGAA
- GE Healthcare
- Getinge Ab
- Johnson & Johnson
- Koninklijke Philips NV
- Medtronic Inc.
- Novartis AG
- Olympus Corp.
- Roche Diagnostics
- Siemens Healthcare
- Smith & Nephew PLC
- Smiths Medical
- St. Jude Medical Inc.
- Stryker Corp.
- Terumo Corp.
- Thermo Fisher Scientific
- Zimmer Holdings Inc.
Methodology
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