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Class C and Class D Medical Devices Market to Rise at 26.12% CAGR till 2034

Class C and Class D Medical Devices Market Healthcare Shift

Based on market forecasts, the class C & class D medical devices sector will expand from USD 55.13 billion in 2024 to USD 559.55 billion by 2034, experiencing a CAGR of 26.12%. The market is growing due to rising chronic diseases, increasing surgical procedures, and greater demand for high-risk, life-saving medical equipment. North America leads the market with robust healthcare infrastructure, strong R&D investment, and early adoption of innovative high-risk medical devices.

Content

  • Insight Code: 6240
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology, and healthcare services.

She began her research career at Precedence Research, where she contributed to a wide range of healthcare industry studies, helping build a strong foundation in market intelligence and strategic research. Currently, Deepa plays a critical role at Towards Healthcare, while also extending her research capabilities across Statifacts, supporting cross-industry intelligence initiatives with a focus on healthcare.

Her ability to distill complexity into clarity has made her a trusted contributor to both internal teams and external clients across the healthcare value chain. By combining professionalism with an evolving depth in healthcare research, Deepa consistently adds value to projects that demand critical thinking, market precision, and industry-specific knowledge. Her contributions help organizations navigate the complexities of regulated markets and make data-backed growth decisions.

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FAQ's

The Class C & Class D medical devices market is worth USD 69.52 billion in 2025, and by 2034, it is forecasted to hit USD 559.55 billion, registering a CAGR of 26.12% over the decade.

North America is currently leading the class C & class D medical devices market share by 38% due to the widespread availability of specialized hospitals and advanced clinical laboratories.

Siemens Healthineers, Becton Dickinson (BD), bioMérieux, Qiagen, Illumina, Bio-Rad Laboratories

Key trends include the growth due to rising chronic diseases, increasing surgical procedures, and greater demand for high-risk, life-saving medical equipment.

These devices are either life-supporting, invasive, or used in critical procedures, making safety and efficacy essential.

India Brand Equity Foundation, Food and Drug Administration, U.S. Environmental Protection Agency, European Medicines Agency, and National Medical Products Administration.
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