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The market size of the Medical Device Manufacturing industry in the US is $xx.xx, which is expected to grow at xx% over the next five years. This industry includes manufacturers of electromedical and electrotherapeutic apparatuses, such as magnetic resonance imaging equipment, medical ultrasound equipment, pacemakers, hearing aids, electrocardiographs and electromedical endoscopic equipment. The industry also manufactures irradiation apparatuses and tubes for medical diagnostic, medical therapeutic, industrial, research, scientific evaluation and other applications.
Curious about what drives these trends? IBISWorld's Medical Device Manufacturing in the US industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Commercial & Service Industry Machinery Manufacturing |
|
XX% | XX% | $XX |
| Electrical Equipment Manufacturing in the US |
|
XX% | XX% | $XX |
| Medical Instrument & Supply Manufacturing in the US |
|
XX% | XX% | $XX |
| Glasses & Contact Lens Manufacturing in the US |
|
XX% | XX% | $XX |
| Medical Device Manufacturing in Canada |
|
XX% | XX% | $XX |
| Medical & Surgical Equipment Manufacturing in Australia |
|
XX% | XX% | $XX |
| Medical, Surgical & Scientific Equipment Manufacturing in New Zealand |
|
XX% | XX% | $XX |
| Electromedical & Imaging Equipment Manufacturing in the UK |
|
XX% | XX% | $XX |
| Medical Device Manufacturing in China |
|
XX% | XX% | $XX |
| Dental Equipment Manufacturing in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Medical Device Manufacturing in the US is $54.2bn in 2026.
The market size of the Medical Device Manufacturing in the US increased 2.5% in 2026.
The market size of the Medical Device Manufacturing in the US has grown at a 0.9% CAGR between 2021 and 2026.
See our full analysis of the Medical Device Manufacturing in the US to understand if the industry market size is expected to grow or decline over the next five years.