Medical Devices Market Size to Hit $817.78 Billion by 2031 – MarketsandMarkets™

Delray Beach, FL, Sept. 18, 2026 (GLOBE NEWSWIRE) -- MarketsandMarkets™ projects the global medical devices market size will grow from USD 580.79 billion in 2026 to USD 817.78 billion by 2031, at a CAGR of 7.1% during the forecast period. Market growth is fueled by the rising prevalence of chronic diseases, an expanding aging population, increasing demand for minimally invasive procedures, continuous technological advancements in AI-enabled, robotic, and connected medical devices, expanding heal