Top global medtech segments - growth rate forecast 2017-2024

Forecasted growth rate for top global medical technology segments between 2017 and 2024*

by Statista Research Department, last edited Oct 26, 2018
Top global medtech segments - growth rate forecast 2017-2024 This statistic displays the projected growth rates of top medical technology segments between 2017 and 2024. Endoscopy devices generated some 18.5 billion U.S. dollars of revenue worldwide in 2016, and is estimated to increase to 28.3 billion U.S. dollars by 2024. That means this segment is expected grow with a CAGR (compound annual growth rate) of around 6.3 percent in this time period.
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Forecasted growth rate for top global medical technology segments between 2017 and 2024*

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Growth rate
Neurology9.1%
Diabetic care7.8%
General & plastic surgery6.5%
Dental6.5%
Cardiology6.4%
Endoscopy6.3%
Ophthalmics6.2%
In vitro diagnostics (IVD)6.1%
Healthcare IT5.9%
Ear, nose & throat (ENT)5.7%
Wound management4.6%
Drug delivery4.6%
Nephrology4.2%
Orthopedics3.7%
Diagnostic imaging3.7%
Growth rate
Neurology9.1%
Diabetic care7.8%
General & plastic surgery6.5%
Dental6.5%
Cardiology6.4%
Endoscopy6.3%
Ophthalmics6.2%
In vitro diagnostics (IVD)6.1%
Healthcare IT5.9%
Ear, nose & throat (ENT)5.7%
Wound management4.6%
Drug delivery4.6%
Nephrology4.2%
Orthopedics3.7%
Diagnostic imaging3.7%
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by Statista Research Department, last edited Oct 26, 2018
This statistic displays the projected growth rates of top medical technology segments between 2017 and 2024. Endoscopy devices generated some 18.5 billion U.S. dollars of revenue worldwide in 2016, and is estimated to increase to 28.3 billion U.S. dollars by 2024. That means this segment is expected grow with a CAGR (compound annual growth rate) of around 6.3 percent in this time period.
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