U.S. Medical Device Manufacturers Market Size Is Expected To Reach USD 360.1 Billion By 2030
San Francisco, 12 April 2024: The Report U.S. Medical Device Manufacturers Market Size, Share & Trends Analysis Report By Application (Orthopedic, Cardiovascular, Neurology, Drug Delivery, Ophthalmic, Nephrology and Urology Devices) And Segment Forecasts, 2024 - 2030 The U.S. medical device manufacturers market size is expected to reach USD 360.1 billion by 2030 and is projected to expand at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. The regional market is significantly driven by the high healthcare expenditure of the country. The increasing geriatric population coupled with the rising prevalence of chronic diseases is also expected to augment the market growth over the forecast period. The COVID-19 pandemic triggered a drastic rise in demand for medical consumables and patient aids, such as gloves, syringes, masks, PPE kits, infrared thermometers, pulse oximeter, testing kits, etc. This resulted in an immense opportunity for the existing players as