Global medical device market projected to reach USD 834.72 billion by 2028, with a CAGR of 6.99% during the forecast period. The coronary stents market is driven by new product developments and the rising incidence of coronary artery diseases. The automated external defibrillator market is expected to grow at a CAGR of 8.78%, driven by the increasing prevalence of cardiac diseases and technological advancements. Sarcopenia treatment market is estimated to reach USD 3.76 billion by 2028, with a CAGR of 4.58%, driven by research and development efforts. The medical device market is projected to reach USD 834.72 billion by 2028, with a CAGR of 6.99%, with cardiology devices segment holding the largest market share and North America projected to account for major market growth.

Global Medical Device Market Projections