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2025 Medical Devices Research Review

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    Report

  • 266 Pages
  • April 2026
  • Region: Global
  • BCC Research
  • ID: 5559775
The medical devices industry has grown despite the challenging economic conditions in recent years. The industry draws much attention and scrutiny from the public and government, and is currently undergoing many changes due to increased focus on regulations. These changes can be seen across many countries. The U.S., the largest medical devices market, is leading the trend with changes intended to make healthcare more affordable. Opportunities for the medical devices industry are manifold, with the appearance of new markets located mainly in emerging economies having diverse needs.

Increasing healthcare expenditures and the growth of emerging economies have increased the demand for technologically superior medical devices. Additionally, the introduction of more stringent regulations, specifically in the developed markets of the U.S. and Europe, has forced medical device manufacturers to launch advanced devices that include new materials, a focus on in-depth indications, and the ability to produce additional new data.

Furthermore, technically sophisticated medical devices are needed for clinical research, as the market is highly competitive, and companies must continuously reinvent their product portfolios to enter new markets and place themselves as strong participants in the healthcare system. There is a shift toward a value-based healthcare market where price and purchase decisions are based on outcomes. This has further resulted in increased scrutiny of the technology of devices, and consequently, the degree of competition has risen. Some of the major companies in the medical devices market include Medtronic, Abbott, Johnson & Johnson Services Inc., Siemens Healthineers AG, GE Healthcare, Boston Scientific Corp., BD, Stryker, Cardinal Health, Koninklijke Philips N.V., Danaher Corp., Baxter, B. Braun SE, Alcon Vision LLC., Terumo Corp., and Zimmer Biomet.

The medical devices industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. These devices treat and diagnose many patient conditions and work much better than drugs. Hospital care is growing, and the medical devices industry is being looked at to provide low-cost technology for home healthcare. Now, the industry seeks healthcare medical devices that individuals with unskilled healthcare experience can use. The need for modern technology, equipment, and devices can be leveraged through medical device equipment as manufacturers seek to create better-quality healthcare solutions.

The above reasons are compelling enough to analyze and research the medical devices market, as the market has tremendous growth potential.

These Research Reviews provide market professionals with concise market coverage within a specific research category. This 2025 Medical Devices Research Review provides a sampling of the type of quantitative market information, analysis, and guidance that the analyst has been developing since its inception in 1971 to help its customers make informed business decisions.

Table of Contents

Chapter 1 Foreword
  • Research Review Scope
Chapter 2 Global Implantable Remote Patient Monitoring Devices Market (MDS005B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Current Market Overview
  • Market Dynamics
  • Market Driver
  • Market Restraint
  • Market Opportunity
  • Emerging Technologies in the IRPM Devices Market
  • Artificial Intelligence and Machine Learning
  • IRPM Devices: Global Markets
  • Market Analysis by Product
  • Implantable Cardiovascular Monitoring Devices
  • Implantable Brain Monitoring Devices
  • Gastrointestinal Monitoring (Smart Pills)
  • Implantable Hematological Monitoring Devices
  • Implantable Respiratory Monitoring Devices
  • Implantable Musculoskeletal Monitoring Devices
  • Others
  • Market Analysis by Region
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Sustainability in the IRPM Devices Industry
  • Understanding the ESG Data
  • Concluding Remarks
Chapter 3 Global Diabetic Care Devices Market (MDS019B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Overview
  • Market Dynamics
  • Market Drivers
  • Market Challenges
  • Market Opportunities
  • Global Market for Diabetes Monitoring Devices, by Type
  • Self-Monitoring Blood Glucose (SMBG) Devices
  • Continuous Glucose Monitoring (CGM) Systems
  • Global Market for Diabetes Monitoring Devices, by Region
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Rest of the World
  • Sustainability in Diabetic Care Devices Market: An ESG Perspective
  • Introduction to ESG
  • ESG Performance Analysis
  • Concluding Remarks
Chapter 4 Vision Care: Global Markets (MDS030B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics and Growth Factors
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Market Overview
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends
  • Global Vision Care, by Product Type
  • Key Takeaways
  • Eyeglass Lenses
  • Contact Lenses
  • Intraocular Lenses (IOLs)
  • Others
  • Geographic Breakdown
  • Key Takeaways
  • North America
  • Europe
  • APAC
  • Middle East and Africa (MEA)
  • South America
  • Sustainability in Vision Care: ESG Perspective
  • Understanding the ESG Data
  • Concluding Remarks
Chapter 5 Global Nerve Monitoring Systems Market (MDS035B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics and Growth Factors
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Current Market Overview
  • Future Outlook
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends/Technologies
  • Global Nerve Monitoring Systems Market, by Product Type
  • Key Takeaways
  • Nerve Monitors
  • Nerve Electrodes
  • Accessories
  • Global Nerve Monitoring Systems Market, by Technology
  • Key Takeaways
  • Electroencephalography (EEG)
  • Electromyography (EMG)
  • Evoked Potential (EP)
  • Electrocorticography (ECoG)
  • Global Nerve Monitoring Systems Market, by Region
  • Key Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa (MEA)
  • South America
  • Sustainability in Nerve Monitoring Systems: ESG Perspective
  • Introduction to ESG
  • Concluding Remarks
Chapter 6 Negative Pressure Wound Therapy (NPWT) Devices: Global Markets (MDS038B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics and Growth Factors
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Current Market Overview
  • Future Outlook
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends/Technologies
  • Global Negative Pressure Wound Therapy (NPWT) Devices Market, by Product Type
  • Key Takeaways
  • Reusable NPWT devices
  • Single-Use NPWT Devices
  • Global Negative Pressure Wound Therapy (NPWT) Devices Market, by Region
  • Key Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa (MEA)
  • South America
  • Sustainability in Negative Pressure Wound Therapy (NPWT) Devices: ESG Perspective
  • Introduction to ESG
  • Concluding Remarks
Chapter 7 Contract Manufacturing of Medical Devices: Global Markets (MDS039B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Market Overview
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends
  • Market Breakdown by Type of Service
  • Takeaways
  • Device Development and Manufacturing
  • Quality Management Services
  • Device Assembly Services
  • Market Breakdown by Type of Device
  • Takeaways
  • IVD Devices
  • Diagnostic Devices
  • Drug Delivery Devices
  • Surgical Instruments
  • Patient Monitoring Devices
  • Other Types of Devices
  • Market Breakdown by Region
  • Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa
  • Sustainability in Contract Manufacturing of Medical Devices Industry: ESG Perspective
  • Introduction to ESG
  • Sustainable Medical Device Manufacturing
  • Green Design
  • Energy and Process Efficiency
  • Eco-Friendly Packaging
  • Supply Chain and Circularity
  • ESG Risk Ratings
  • Concluding Remarks
Chapter 8 Smart Medical Devices: Global Markets (MDS066B)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics, Growth Factors and Challenges
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Overview and Market Definition
  • Future Outlook
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Technologies
  • Global Smart Medical Devices Market, by Product Type
  • Key Takeaways
  • Implantable Medical Devices
  • Wearable Smart Medical Devices
  • Non-Wearable Smart Medical Devices
  • Global Smart Medical Devices Market, by Region
  • Key Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America
  • Sustainability in Smart Medical Devices Market: ESG Perspective
  • Introduction to ESG in the Smart Medical Devices Industry
  • ESG Risk Ratings Analysis
  • Concluding Remarks
Chapter 9 Global MedTech Healthcare IT Industry Competitive Landscape Markets(MDS068B)
  • Market Outlook
  • Scope of Report
  • Overview and Market Definition
  • Future Perspectives
  • Regulatory Framework
  • United States
  • EU
  • Japan
  • Rest of Asia
  • Regulations for Healthcare IT
  • Emerging Technologies
  • Blockchain for Data Security
  • Sustainability in the MedTech Healthcare IT Industry: ESG Perspective
  • Introduction to ESG
  • Understanding the ESG Data
  • ESG Performance Analysis
  • Environmental Performance
  • Social Performance
  • Governance Performance
  • Concluding Remarks
Chapter 10 Global Mammography Equipment Market (MDS109A)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics and Growth Factors
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Market Overview
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Emerging Technologies
  • Market Breakdown by Product Type
  • Takeaways
  • Analog Mammography Systems and Accessories
  • Digital Mammography Systems
  • Portable and Mobile Mammography Systems
  • Others
  • Market Breakdown by Region
  • Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa
  • ESG Perspective
  • Introduction to ESG
  • ESG Sustainability, by Mammography Equipment Manufacturer
  • ESG Risk Ratings
  • Concluding Remarks
Chapter 11 Pen Needles: Global Markets (MDS110A)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Emerging Technologies
  • Market Dynamics and Growth Factors
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Current Market Overview
  • Future Outlook
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Technologies for Pen Needles
  • Global Pen Needle Market
  • Key Takeaways
  • 8 mm
  • 5 mm
  • 4-mm
  • Others (6 mm, 10 mm, 12 mm)
  • Global Pen Needle Market, by Region
  • Key Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • MEA
  • South America
  • Sustainability: An ESG Perspective in Pen Needles
  • Introduction to ESG
  • ESG Risk Ratings
  • Concluding Remarks
Chapter 12 Global Smart Orthopedic Implants Market (MDS111A)
  • Market Outlook
  • Scope of Report
  • Market Summary
  • Market Dynamics and Growth Factors
  • Emerging Technologies
  • Segmental Analysis
  • Regional Analysis
  • Conclusion
  • Current Market Overview
  • Future Outlook
  • Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Emerging Trends/Technologies for Smart Orthopedic Implants
  • IoT-Enabled Sensors
  • Global Smart Orthopedic Implant Market, by Procedure Type
  • Takeaways
  • Total Joint Replacements
  • Partial Joint Replacements
  • Other Procedures
  • Global Market for Smart Orthopedic Implants, by Region
  • Takeaways
  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America
  • Sustainability in Smart Orthopedic Implants: ESG Perspective
  • Introduction to ESG
  • Understanding the ESG Data
  • Concluding Remarks
Chapter 13 Appendix
  • Research Methodology
  • Analyst’s Credentials
List of Tables
Table 1: Global Market for Implantable Remote Patient Monitoring Devices, Through 2029
Table 2: Global Market for IRPM Devices, Through 2029
Table 3: Global Market for IRPM Devices, by Product, Through 2029
Table 4: Smart Pills
Table 5: Global Market for IRPM Devices, by Region, Through 2029
Table 6: ESG Rankings for Major IRPM Devices Companies, 2024*
Table 7: Global Market for Diabetes Monitoring Devices, by Product Type, Through 2029
Table 8: Diabetes Cases, by Country, 2021
Table 9: Global Market for Diabetes Monitoring Devices, by Type, Through 2029
Table 10: Global Market for Diabetes Monitoring Devices, by Region, Through 2029
Table 11: RoW Market for Diabetes Monitoring Devices, Through 2029
Table 12: ESG: Environmental Performance
Table 13: ESG: Social Impact
Table 14: ESG: Governance Impact
Table 15: Global Market for Vision Care, by Region, Through 2030
Table 16: Global Market for Vision Care, by Product Type, Through 2030
Table 17: Global Market for Vision Care, by Region, Through 2030
Table 18: ESG Rankings for Major Vision Care Companies, 2024*
Table 19: Global Market for Nerve Monitoring Systems, by Region, Through 2030
Table 20: Global Market for Nerve Monitoring Systems, by Product Type, Through 2030
Table 21: Global Market for Nerve Monitoring Systems, by Technology, Through 2030
Table 22: Global Market for Nerve Monitoring Systems, by Region, Through 2030
Table 23: Global Market for NPWT Devices, by Region, Through 2030
Table 24: Surgical Procedures and Surgical Site Infections, by Country
Table 25: Global Market for NPWT Devices, by Product Type, Through 2030
Table 26: Global Market for Reusable NPWT Devices, by Region, Through 2030
Table 27: Global Market for Single-use NPWT Devices, by Region, Through 2030
Table 28: Global Market for NPWT Devices, by Region, Through 2030
Table 29: Global Market for Contract Manufacturing of Medical Devices, by Region, Through 2030
Table 30: Healthcare Spending as a Percentage of GDP, by Country, 2017-2023
Table 31: Global Market for Contract Manufacturing of Medical Devices, by Type of Service, Through 2030
Table 32: Global Market for Contract Medical Device Development and Manufacturing, by Region, Through 2030
Table 33: Global Market for QMS in Contract Manufacturing of Medical Devices, by Region, Through 2030
Table 34: Global Market for Device Assembly Services, by Region, Through 2030
Table 35: Global Market for Contract Manufacturing of Medical Devices, by Type of Device, Through 2030
Table 36: Global Market for Contract Manufacturing of Medical Devices, by Region, Through 2030
Table 37: ESG Risk Rankings for Contract Manufacturers of Medical Devices, 2025*
Table 38: Global Market for Smart Medical Devices, by Region, Through 2030
Table 39: Global Market for Smart Medical Devices, by Product Type, Through 2030
Table 40: Global Market for Implantable Smart Medical Devices, by Region, Through 2030
Table 41: Global Market for Wearable Smart Medical Devices, by Region, Through 2030
Table 42: Global Market for Non-Wearable Smart Medical Devices, by Region, Through 2030
Table 43: Global Market for Smart Medical Devices, by Region, Through 2030
Table 44: ESG Rankings for Major Smart Medical Devices Companies, Through March 2025
Table 45: ESG Rankings of Medical Device Companies, 2025*
Table 46: ESG: Environmental Performance in MedTech and Healthcare IT Industry
Table 47: ESG: Social Performance in the MedTech and Healthcare IT Industry
Table 48: ESG: Governance Performance in the MedTech and Healthcare IT Industry
Table 49: Global Market for Mammography Equipment, by Region, Through 2030
Table 50: Achievements in Mammography Over Time
Table 51: Absolute Numbers of Cancer Incidence and Mortality, 2022
Table 52: Global Market for Mammography Equipment, by Product Type, Through 2030
Table 53: FDA-Approved DBT Systems in the U.S.
Table 54: Global Market for Mammography Equipment, by Region, Through 2030
Table 55: North American Incidence and Death Rate per 100,000 Standard Population, 2022
Table 56: Projection of Changes in Breast Cancer Incidence and Mortality , 2020 vs. 2030(Number/%)
Table 57: Types of Sustainable Practices in the Mammography Equipment Market
Table 58: ESG Highlights, by Company, 2023
Table 59: ESG Rankings for Mammography Equipment Product Manufacturers, 2024
Table 60: Global Market for Pen Needles, by Region, Through 2030
Table 61: Global Market for Pen Needles, by Type, Through 2030
Table 62: Global Market for Pen Needles, by Length, Through 2030
Table 63: Global Market for Pen Needles, by Region, Through 2030
Table 64: ESG Rankings for Major Pen Needles Companies, 2025*
Table 65: Global Market for Smart Orthopedic Implants, by Region, Through 2030
Table 66: Global Market for Smart Orthopedic Implants, by Procedure Type, Through 2030
Table 67: Global Market for Smart Orthopedic Implants in Total Joint Replacements, by Region, Through 2030
Table 68: Global Market for Smart Orthopedic Implants in Partial Joint Replacements, by Region, Through 2030
Table 69: Global Market for Smart Orthopedic Implants Used in Other Procedures, by Region, Through 2030
Table 70: Global Market for Smart Orthopedic Implants, by Region, Through 2030
Table 71: ESG Rankings for Smart Orthopedic Implant Companies, 2025*
List of Figures
Figure 1: Share of Global Market for IRPM Devices, by Product, 2023
Figure 2: Share of Global Market for IRPM Devices, by Region, 2023
Figure 3: Key ESG Metrics for Companies in the IRPM Devices Industry
Figure 4: Share of Global Market for Diabetes Monitoring Devices, by Product Type, 2023
Figure 5: Worldwide Diabetes Cases
Figure 6: Share of Global Market for Diabetes Monitoring Devices, by Type, 2023
Figure 7: Share of Global Market for Diabetes Monitoring Devices, by Region, 2023
Figure 8: Three Pillars of ESG
Figure 9: Advantages of ESG for Companies
Figure 10: Global Market Shares of Vision Care, by Region, 2024
Figure 11: Global Market Shares of Vision Care, by Product Type, 2024
Figure 12: Global Market Shares of Vision Care, by Region, 2024
Figure 13: Key ESG Metrics for Companies in the Vision Care Industry
Figure 14: Global Market Shares for Nerve Monitoring Systems, by Region, 2024
Figure 15: Global Market Shares for Nerve Monitoring Systems, by Product Type, 2024
Figure 16: Global Market Shares for Nerve Monitoring Systems, by Technology, 2024
Figure 17: Global Market Shares for Nerve Monitoring Systems, by Region, 2024
Figure 18: Key ESG Metrics for Companies in the Nerve Monitoring Systems Industry
Figure 19: Global Market Shares for NPWT Devices, by Region, 2024
Figure 20: Global Market Shares for NPWT Devices, by Product Type, 2024
Figure 21: Global Market Shares for Reusable NPWT Devices, by Region, 2024
Figure 22: Global Market Shares for Single-use NPWT Devices, by Region, 2024
Figure 23: Global Market Shares for NPWT Devices, by Region, 2024
Figure 24: Key ESG Metrics for Companies in the Negative Pressure Wound Therapy Devices Industry
Figure 25: Global Market Shares of Contract Manufacturing of Medical Devices, by Region, 2024
Figure 26: Global Market Shares of Contract Manufacturing of Medical Devices, by Type of Service, 2024
Figure 27: Global Market Shares of Contract Medical Device Development and Manufacturing, by Region, 2024
Figure 28: Global Market Shares of QMS in Contract Manufacturing of Medical Devices, by Region, 2024
Figure 29: Global Market Shares of Device Assembly Services, by Region, 2024
Figure 30: Global Market Shares of Contract Manufacturing of Medical Devices, by Type of Device, 2024
Figure 31: Global Market Shares of Contract Manufacturing of Medical Devices, by Region, 2024
Figure 32: Global Market Shares of Smart Medical Devices, by Region, 2024
Figure 33: Global Market Shares of Smart Medical Devices, by Product Type, 2024
Figure 34: Global Market Shares of Implantable Smart Medical Devices, by Region, 2024
Figure 35: Global Market Shares of Wearable Smart Medical Devices, by Region, 2024
Figure 36: Global Market Shares of Non-Wearable Smart Medical Devices, by Region, 2024
Figure 37: Global Market Shares of Smart Medical Devices, by Region, 2024
Figure 38: Key ESG Metrics for Companies in the Smart Medical Devices Industry
Figure 39: ESG Metrics of the Medical Device Industry
Figure 40: Global Market Shares of Mammography Equipment, by Region, 2024
Figure 41: Global Market Shares of Mammography Equipment, by Product Type, 2024
Figure 42: Global Market Shares of Mammography Equipment, by Region, 2024
Figure 43: Global Market Shares of Pen Needles, by Region, 2024
Figure 44: Global Market Shares of Pen Needles, by Type, 2024
Figure 45: Global Market Shares of Pen Needles, by Length, 2024
Figure 46: Global Market Shares of Pen Needles, by Region, 2024
Figure 47: Key ESG Metrics of Pen Needle Industry Companies
Figure 48: Global Market Shares for Smart Orthopedic Implants, by Region, 2024
Figure 49: Global Market Shares for Smart Orthopedic Implants, by Procedure Type, 2024
Figure 50: Global Market Shares for Smart Orthopedic Implants in Total Joint Replacements, by Region, 2024
Figure 51: Global Market Shares for Smart Orthopedic Implants in Partial Joint Replacements, by Region, 2024
Figure 52: Global Market Shares for Smart Orthopedic Implants Used in Other Procedures, by Region, 2024
Figure 53: Global Market Shares for Smart Orthopedic Implants, by Region, 2024
Figure 54: ESG Metrics for Companies in the Smart Orthopedic Implant Industry