Smart Medical Devices Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Smart Medical Devices Market Size Analysis and Top Companies

The global smart medical devices market size is anticipated to reach around USD 152.30 billion by 2033 from USD 46.80 billion in 2023, growing at a CAGR of 12.52% from 2024 to 2033. The major players operating in the smart medical devices market are Abbott, Apple, Inc, Fitbit, Inc., Dexcom, Inc, F. Hoffmann-La Roche Ltd, Zephyr, Sonova, NeuroMetrix, Inc., Medtronic, Johnson & Johnson., and Others.

Market Report Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 12.52%
Global Market Size in 2023 USD 46.80 Billion
Global Market Size in 2024 USD 52.66 Billion
Global Market Size by 2033 USD 152.30 Billion
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, By End-User, By Modality, and By Distribution Channel
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Smart Medical Devices Key Players 

  • Abbott
  • Apple, Inc
  • Fitbit, Inc.
  • Dexcom, Inc
  • F. Hoffmann-La Roche Ltd
  • Zephyr
  • Sonova, NeuroMetrix, Inc.
  • Medtronic
  • Johnson & Johnson.

Recent Developments

  • In March 2024, Associate Head, Prof. Michael Tin Cheung YING, and Dr Ziman CHEN, of the Department of Health Technology and Informatics at PolyU came in the parternship with the Fifth Affiliated Hospital of Sun Yat-sen University, Dr Zhongzhen SU’s Vice President, to launch S-CKD, the launch is helps to improve diseases process monitoring and the CKD’s clinical management using information technology.
  • In March 2024, Masimo granted the FDA clearance for its consumer-focused business which focuses on telehealth platforms and professional patients monitoring. It also included a high-tech Stork baby monitor system and the health focused smartwatches line.

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