Medical Device Manufacturing in the US - Market Size (2002–2031)

NAICS 33451b Last Updated: February 2026

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$59.4bn

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Medical Device Manufacturing in the US Market Size in 2026
2.4%

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 Medical Device Manufacturing in the US Market Size Growth in 2026
3.1%

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 Medical Device Manufacturing in the US Market Size CAGR 2021-2026

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 Medical Device Manufacturing in the US Market Size CAGR 2026-2031

Curious about what drives these trends? IBISWorld's Medical Device Manufacturing in the US Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Medical Device Manufacturing in the US in 2025?

    The market size of the Medical Device Manufacturing in the US was $58.0bn in 2025.

  • What was the growth rate of the Medical Device Manufacturing in the US in 2025?

    The market size of the Medical Device Manufacturing in the US increased 2.7% in 2025.

  • What was the market size of the Medical Device Manufacturing in the US in 2026?

    The market size of the Medical Device Manufacturing in the US is $59.4bn in 2026.

  • What is the growth rate of the Medical Device Manufacturing in the US in 2026?

    The market size of the Medical Device Manufacturing in the US increased 2.4% in 2026.

  • Has the Medical Device Manufacturing in the US grown or declined over the past 5 years?

    The market size of the Medical Device Manufacturing in the US has grown at a 2.7% CAGR between 2020 and 2025.

  • Is the Medical Device Manufacturing in the US expected to grow or decline over the next five years?

    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.

  • Has the Medical Device Manufacturing in the US grown or declined over the past 5 years?

    The market size of the Medical Device Manufacturing in the US has grown at a 3.1% CAGR between 2021 and 2026.

  • Is the Medical Device Manufacturing in the US expected to grow or decline over the next five years?

    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.

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