1. Market Size and Growth
2023: Global sales reached US$72 billion, and are projected to increase to US$129.8 billion by 2030, with a CAGR of
9.09%.
2025 Forecast: Some institutions estimate the market size to be approximately US$150 billion, driven by population
aging, chronic disease management needs, and advancements in medical technology.
2. Regional Distribution
United States: The largest market globally, accounting for 40% of global sales.
Europe: The second largest market, with low-value consumables accounting for 45% of total medical device sales.
3. Competitive Landscape
Fragmentation: Numerous companies in the industry, with small and medium-sized enterprises accounting for over 90%; product homogenization is severe.
Concentration Trend: Leading companies are increasing their market share through vertical integration (e.g., full supply
chain control) and technological innovation (e.g., smart consumables).
4. Product and Technology Trends
Premiumization: Minimally invasive surgery is driving demand for disposable endoscopic accessories and precision
filtering infusion sets.
Intelligentization: Innovative products such as dynamic blood glucose monitoring patches and smart insulin pens are
emerging.
Environmentally Friendly Materials: The application of biodegradable and antibacterial materials is increasing, meeting
sustainable development requirements.
5. Performance of the Chinese Market
2024 Size: Approximately RMB 147 billion; projected to reach RMB 160 billion in 2025, with a CAGR of nearly 20%.
Segmentation: Injection and puncture products account for the largest share, followed by medical dressings.
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