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Smart Medical Devices Market Share

Report ID: GMI1969
Published Date: Oct 2024
Report Format: PDF

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Smart Medical Devices Market Share

The smart medical devices industry is moderately competitive, and few companies hold most of the market share. New players are coming up in the market due to the technological advancements in the healthcare industry and the rising R&D expenditure of the companies. Some of the companies which are currently dominating the market are Abbott laboratories, Apple, Bio-beat, Dexcom, F. Hoffmann la Roche, Fitbit, Medtronic, Neurometric, Omron Corporation, Otsuka Holdings, Koninklijke Philips N.V., Vital Connect, Samsung and others.

Smart Medical Devices Market Companies

Some of the eminent market participants operating in the smart medical devices industry include:

Abbott
Apple
Biobeat
Boston Scientific Corporation
Dexcom
F Hoffmann-La Roche
Fitbit
Medtronic
NeuroMetrix
Novo Nordisk
Omron Corporation (Omron Healthcare)
SAMSUNG
VitalConnect
West Pharmaceutical Services

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for smart medical devices was valued at approximately USD 38 billion in 2023 and is expected to reach around USD 129.2 billion by 2032, driven by a CAGR of 14.3% during the forecast period.

The diagnostic and monitoring devices segment was valued at USD 25.8 billion in 2023, driven by the rising prevalence of chronic diseases and favorable government measures.

North America smart medical devices market generated USD 13.9 billion in revenue in 2023, driven by technological innovations in healthcare and significant investments in R&D.

Major players in the industry include Abbott, Apple, Biobeat, Boston Scientific Corporation, Dexcom, F. Hoffmann-La Roche, Fitbit, Medtronic, NeuroMetrix, Novo Nordisk, Omron Corporation (Omron Healthcare), SAMSUNG, VitalConnect, and West Pharmaceutical Services.