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R&D spending as percent of medtech revenue worldwide 2011-2024

This statistic displays the amount spent worldwide on research and development in medtech between 2011 and 2024, as a percentage of medtech revenue. In 2017, 7.1 percent of total global medical technology revenue were spent on R&D in medtech. Medical technology is used for diagnosis, monitoring, or treatment of diseases or medical conditions.

Worldwide medtech research and development spending as percent of medtech revenue from 2011 to 2024

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Source

Release date

September 2018

Region

Worldwide

Survey time period

2011 to 2018

Supplementary notes

Statistic is based on the top 300 medtech companies. R&D spend in 2017 based on company reported data. Forecast medtech R&D spend based on a consensus of leading equity analysts’ estimates for company level R&D spend, extrapolated to medtech R&D when a company has non-medtech R&D activity. Medtech R&D is not disclosed by a number of companies and this analysis is limited to those companies with sufficient disclosure.
* Forecast.

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Statistics on "Medical technology industry"

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