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This Frost & Sullivan annual outlook analyzes the medical devices industry across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The study provides insights into market size, growth rates, opportunities, strategic imperatives, and macroeconomic trends shaping the medical devices industry. The study period spans 202...

The global medical devices industry was valued at $545.38 billion in 2024 and is expected to reach $801.34 billion in 2029. Companies continue to focus on and invest in new product development to ensure long-term and sustained growth. The cardiovascular devices market attracted significant investments, especially in transcatheter technologies for m...

11 Jun 2024  |  Global  |  Market Research

Global Sports Medicine Industry, Forecast to 2028

Medical Advancements in Treating, Diagnosing, and Preventing Injuries Creates Growth Opportunities

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This Frost & Sullivan analysis covers innovative devices propelling industry growth as well as market trends and emerging business models that will dominate the sports medicine sector. It highlights the dominating solutions in the sports medicine devices industry, including body reconstruction and body support and recovery devices, as well as compa...

08 Sep 2025  |  Global  |  Technology Research

Sustainable Innovations in the Medical Devices Industry, 2025

Biodegradable materials and the circular economy are driving transformational growth in the sustainable medical devices industry

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Increasing concerns over sustainability in the healthcare industry, particularly in medical technology (medtech), have necessitated a shift towards greener and more circular practices. The shift towards a green economy entails the use of environmentally friendly materials, technologies, and manufacturing processes throughout the product lifecycle. ...

In the era of data and information, the impact of digital technologies on the business world, combined with the generation of Big Data, is high. The emergence of the ability of end users to generate universal content has created digital business incubators and healthcare is no exception. Demographics and healthcare policies are shifting in ways tha...

Quantum sensing is transitioning from laboratory research to industrial deployment, driven by the need for ultra-precise, reliable measurement in high-impact sectors such as healthcare, defense, and advanced manufacturing. This shift reflects a broader move from controlled, research-grade environments toward scalable, field-ready systems that meet ...

11 Aug 2025  |  Global  |  Market Research

Advanced Wound Care Industry Driving Transformational Growth by Developing Digital Wound Management Solutions, Global, 2024–2030

Advanced Wound Care Industry is Experiencing Transformational Growth Due to the Development of Digital Wound Management Solutions

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The advanced wound care management industry is rapidly evolving with the emergence of sensor-based wearables, handheld wound scanners, disposable NPWT devices, AI-powered tools, digital wound assessment devices, and bioengineered skin substitutes. Advanced dressings—such as silicone and antimicrobial types—are also gaining traction, increasingly re...

This 2013 Frost & Sullivan outlook study provides projections for the global medical devices market. Specifically, the research included identifies market sectors and sub-sectors poised for expansion; discusses key opportunities in emerging markets; identifies the four Rs in the medical device spectrum; and covers strategies for success in the new ...

The global wound care market is at a growth stage. It is driven by the increasingly aging population as well as rising rates of diabetes and obesity. These chronic health problems lead to diabetic ulcers, venous leg ulcers, and major surgeries requiring treatment solutions, thereby driving the usage of the wound care products, which increases the r...