Projected market size of the U.S. medical device industry in 2015 and 2017 (in billion U.S. dollars)

Projected size of the U.S. medical device industry 2015-2017 This statistic represents the projected market size of the U.S. medical device industry in 2015 and 2017. It is expected that by 2017, U.S. medical device companies will amount around 155 billion U.S. dollars.
Size of the U.S. medical device industry

In 2014, the United States was the largest target market for medical devices, with an estimated global market share of around 45 percent. In light of citizens’ increased access to health insurance, this industry is projected to grow at an annual rate of 6.6 percent from 2012 through 2017. The most important company within the U.S. medical device industry remains Johnson & Johnson. The New Jersey company is not only known for its medical device and diagnostics products, but also for its pharmaceuticals and consumer products. Johnson & Johnson generated about 74.3 billion U.S. dollars in revenue globally - with just under 35 billion U.S. dollars originating from sales to customers in the United States in 2014. That year, the company raked in around 27.5 billion U.S. dollars in revenue from its medical devices and diagnostics segment, the majority of which was derived from orthopedic device sales.

Johnson & Johnson also invests heavily in research and development, having spent almost 8.5 billion U.S. dollars in 2014. Of the company’s total R&D expenditures, some six percent went to the medical devices and diagnostics segment.
Show more
Loading statistic...
Market size in billion U.S. dollars
2015148
2017155
Market size in billion U.S. dollars
2015148
2017155
Download Settings Share
Chart type
Datalabels
Share on Social Media
HTML code to embed chart as PNG (FAQ)
Download started
Please be patient - this may take a moment
Description Source More information
This statistic represents the projected market size of the U.S. medical device industry in 2015 and 2017. It is expected that by 2017, U.S. medical device companies will amount around 155 billion U.S. dollars.
Size of the U.S. medical device industry

In 2014, the United States was the largest target market for medical devices, with an estimated global market share of around 45 percent. In light of citizens’ increased access to health insurance, this industry is projected to grow at an annual rate of 6.6 percent from 2012 through 2017. The most important company within the U.S. medical device industry remains Johnson & Johnson. The New Jersey company is not only known for its medical device and diagnostics products, but also for its pharmaceuticals and consumer products. Johnson & Johnson generated about 74.3 billion U.S. dollars in revenue globally - with just under 35 billion U.S. dollars originating from sales to customers in the United States in 2014. That year, the company raked in around 27.5 billion U.S. dollars in revenue from its medical devices and diagnostics segment, the majority of which was derived from orthopedic device sales.

Johnson & Johnson also invests heavily in research and development, having spent almost 8.5 billion U.S. dollars in 2014. Of the company’s total R&D expenditures, some six percent went to the medical devices and diagnostics segment.
Show more
Release date
September 2016
Region
United States
Survey time period
2015

More information

Statista Accounts: Access All Statistics. Starting from $588 / Year

Basic Account

Get to know the platform

You only have access to basic statistics.

Register for free

Premium Account

Your perfect start with Statista

  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account

Full access

Corporate solution including all features.

Send request

* All products require an annual contract.
   Prices do not include sales tax
   (New York residents only).
Leading companies trust Statista:

Related Studies: Available to Download in PDF or PPTX Format

Johnson & Johnson

All Information
in one Presentation

Johnson & Johnson

Everything On "Johnson & Johnson" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Johnson & Johnson"

  • Key Figures
The most important statistics
  • Johnson & Johnson's Impact on the Pharmaceutical Market
The most important statistics
  • Johnson & Johnson's Impact on the Medical Devices & Diagnostic Market
The most important statistics
  • Johnson & Johnson's Impact on the Cosmetic Market
The most important statistics
  • Forecasts
The most important statistics
Need help with using Statista for your research? Tutorials and first steps

Further Content: Statistics, Studies, and Topic Pages

Statistics on the topic

Topics

About Statista

Learn more about how Statista can support your business.

Request webinar
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.

News