Medical Equipment and Diagnostic Equipment companies

  • Report ID: 6552
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Companies Dominating the Medical Equipment and Diagnostic Equipment Landscape

    The medical equipment and diagnostic equipment market is fiercely competitive, with a few leading players like Boston Scientific, Thermo Fisher Scientific, Baxter International, and GE Healthcare. These players focus on developing innovative solutions regarding digital health, personalized medicine, and AI-driven diagnostics to keep their lead in the market. While smaller firms and startups move up the curve by focusing on niche markets such as point-of-care diagnostics and portable medical devices. For example, in July 2024, GE Healthcare launched its new ultrasound system, powered by AI and designed for use in emergency rooms and critical care settings. This product launch indeed underlines the increasing emphasis of companies on delivering AI integration within the industry to assure better, quicker, and easier access to healthcare services.

    Here are some leading companies in the medical equipment and diagnostic equipment market:

    • Johnson & Johnson
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Medtronic
    • GE Healthcare
    • Siemens Healthcare Private Limited
    • Koninklijke Philips N.V.
    • Boston Scientific Corporation
    • Becton Dickinson and Company 
    • Siemens Healthineers AG
    • ZIMMER BIOMET HOLDINGS, INC.
    • Stryker Corporation

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2024, the industry size of medical equipment and diagnostic equipment is USD 439.3 billion.

The global medical equipment and diagnostic equipment market size is predicted to reach USD 439.3 billion in 2024 and is anticipated to reach USD 696.4 billion by the end of 2030, expanding at a CAGR of 8.1% during the forecast period, i.e., 2025-2030. In 2025, the industry size of medical equipment and diagnostic equipment will be valued at USD 471.6 billion.

Key players in the market are Johnson & Johnson, Medtronic, GE Healthcare, Siemens Healthineers AG, Koninklijke Philips N.V., Boston Scientific Corporation, and Becton Dickinson and Company.

The medical devices segment is estimated to dominate the medical equipment and diagnostic equipment market during the forecast period.

North America is anticipated to present expansion opportunities to the medical equipment and diagnostic equipment companies during the forecast period.
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